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Could Biosimilars Help Save on Prescription Costs?
Especially in an election year in which Americans’ finances are a hot topic, the cost of pharmaceuticals is all over the news. Likewise, every now and then, the topic of Biosimilars is raised by the media. This type of medical product can be used as a substitute for some Biologic drugs and offers hope for…
Choosing Between Care and Commodities
This is a situation that one of our employees is currently experiencing here at Medical Billing Advocates of America. Even with health insurance, many Americans are facing a difficult problem when it comes to healthcare: choosing between care and commodities. I recently starting having unusual symptoms that sent me to my general practitioner. After answering…
Help for Prescription Drug Prices
Most of us have seen the negative press about certain drug companies hiking their prices on prescription medications. The news is full of reports of rising prescription drug prices. Medical Billing Advocates of America’s personal friend, Mr. Ralph Nader, is leading a successful campaign to raise awareness of the plight of millions of Americans who…
Wellness to Help Keep Healthcare Costs Low
In January 2016, data revealed that the U.S. has topped $3 trillion dollars in healthcare spending. Americans are feeling the brunt of that statistic directly. We know there are vital steps we can take to ultimately keep our healthcare spending as low as possible. Request an itemized statement of billed charges and look for errors and…
A Wellness Strategy Might Help Keep Healthcare Costs Low
Benjamin Franklin once said, “An ounce of prevention is worth a pound of cure”. This statement is true in so many ways, and this idea could help keep healthcare costs low for many individuals. It’s always better to take good care of ourselves so that we might avoid health ailments in the future. The cost of…
Real Life Medical Bill Stories: Unexpected Out-of-Network Charges
Almost a year ago, I began being plagued with a recurrent medical condition that sent me to the doctor every few weeks. During most of my visits, I had to have lab work done. The provider, who was part of my health insurance plan network, would use an in-network laboratory for my lab work, and…
Some Health Insurance Plans Lead to Larger Bills
Health insurance plans in the Marketplace, created by the federal government, are divided into four primary categories: Bronze, Silver, Gold and Platinum. The plan category typically pays a specific percentage of your healthcare costs, leaving you to pay the remainder. On average, a bronze plan pays approximately 60% of your healthcare costs, silver pays 70%,…
Surprise Medical Bills
How can someone receive a medical bill they were not expecting? This might seem unlikely, but actually, this is occurring more and more. Patients across the U.S. are receiving bills from physicians that their health insurance will not cover because that doctor is not in their health insurance network. More fortunate patients might have an…
Real Life Medical Bill Stories: Preventing Out-of-Network Charges
In a recent blog post, I shared an experience I had with a local hospital who wanted a lump sum of money up front for services that had yet to be rendered when I had a health insurance plan that covered the procedure at 100%. Here, I will share more of that same experience with…
Real Life Medical Bill Stories: Paying Before Receiving Care
I have been fortunate enough to be armed with vital knowledge through Medical Billing Advocates of America of how to protect myself from erroneous charges and unreasonable prices on my medical bills. Last week, I found myself in an increasingly common situation in which everyone in the U.S. should be aware of. This particular occurrence…