Episode 148: Do’s and Don’ts on Medical Debt

Financial Freedom Podcast - A podcast by Steven J. Richardson, Esq. - Fridays

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U.S. News reports that more than 50% of those who were infected with COVID-19 or who lost income due to the pandemic are now struggling with medical debt. Even as new infections wane, and it looks like we are coming out of the pandemic, it may still have a longer term economic effect on many Americans. That is why, even though I covered this topic in Episode 11, I wanted to discuss it again for those who may be struggling with it who weren’t before. There are some things you can do about it, and you should know what they are. In this episode you will learn: Why you shouldn’t assume the bill is accurate Why you should negotiate the balance early on About programs that can help you pay the bill About the new No Surprises Act How to plan to pay for future medical treatment