Even if you've got health insurance, a bill with your name on it can still end up in your letter box after a visit to the doctor. Stacy Johnson, author of the book Life or Debt, shares how to lessen your out-of-pocket cost.
Photo by Brittany G
Doctors, like any other business, depend on your patronage to keep their practices alive, and quite often they're willing to work with you on the cost of procedures, tests and services they offer. Johnson has this to say on the matter:
If your health insurance provider agrees to pay 80% of covered procedures, that generally means they'll pay 80% of what they think is reasonable for that procedure, not 80% of whatever it costs. So find out what your insurance company is willing to pay and if your doctor can do it for that amount.
Asking a doctor to meet or lower the price to closer to what your insurance will cover, although bold, is a good way to cut corners on your medical bill. Chances are you can't haggle your way into a free set of X-rays, but you still have some freedom to ask for a lower price. Even if they turn you down on the discount, it's still worth your time to ask next time you find yourself in the ever-dashing backless gown.
Way to Save #65: Don't Let Your Doctor Cost You [Money Talks News]