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Benefits of Outsourcing Mental Health Billing Services

Medisys Compliance

Only around 45%, or 20 million, of the roughly 44 million mature Americans with mental illnesses in 2014 obtained mental health care in the previous year. Understanding the concept of Mental Health Medical Billing. Medical billing include submitting claims for the patient’s healthcare services.

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Mary Lou Retton’s Explanation of Health Insurance Takes Some Somersaults

Kaiser Health News

Under the law, which has offered coverage through state and federal marketplaces since 2014, insurers are barred from rejecting people with preexisting conditions and cannot charge higher premiums for them, either. This is one of the law’s most popular provisions , according to opinion surveys.

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Health Care Bills’ Financial Toxicity – Remembering the Jones’ of Whatcom County, WA

Health Populi

“In an extreme example of angst over expensive medical bills , an elderly Washington couple who lived near the U.S.-Canadian Canadian border died in a murder-suicide this week after leaving notes that detailed concerns about paying for medical care,” USA Today reported on August 10, 2019. million all-in.

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The New Financial Toxicity in Health Care: The Cost of Hospitalization

Health Populi

The concept of “ financial toxicity” for cancer patients was raised by concerned clinicians at Sloane-Kettering Medical Center, who discussed the topic on 60 Minutes in 2014 and have published papers on the issue. Uninsured working age people bear an even bigger burden of unpaid medical bills and bankruptcy risk.

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Will Consumers Cross the Cost-and-Trust Chasm Between Prescription Drugs and Hospitals?

Health Populi

84% of Americans told the Foundation that they were concerned about how much health care costs will affect them in the future, with 42% of patients saying they couldn’t afford to pay over $500 for an unexpected medical bill. Hospital costs contribute to rising medical costs to 49% of health consumers.

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The Federal Reserve Chairman Speaks Out on Health Care Costs: “Spending But Getting Nothing”

Health Populi

Some of that credit card debt no doubt has medical bills associated with it. Furthermore, JPMorgan Chase has analyzed over 1 million accounts and found people using their tax refunds to pay for past medical spending. For context, most people in the U.S. couldn’t pay that $503 out of a current savings account.

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The Financial Toxicity of Health Care Costs: From Cancer to FICO Scores

Health Populi

To determine whether unpaid medical billing data should be included in credit reports. We come full circle with this third recommendation from CFPB with the Equifax-Experian-TransUnion plan to reduce most medical debt from patients’ credit reports.