It’s been frequently reported in recent times that over 80 percent of medical bills contain mistakes. Astonishing, right? Such a high error rate leads to insurance rejections, duplicated or excessive fees, and confusion accounting for almost $270 billion in unnecessary losses each year, as highlighted by consumer advocate and one-time presidential candidate, Ralph Nader, in his 2014 Huffington Post article.
Another noteworthy aspect prompting the need to bargain your medical bills is the stark contrast between in-network and out-of-network charges, with the latter sometimes imposing costs 1,000 percent higher than what your in-network providers would charge. In such cases, providers are often open to negotiation, as they are aware that even reducing the initially escalated fees might still yield them additional profits.
