What If You’re Stuck With The Bill?
If at the end of this process you’re still left with an unpaid hospital bill, what do you do? Even though your insurer refuses to pay, it might very well help you “re-price” your hospital bill to something manageable. Insurers and their assistance companies are connected to cost containment firms that contract and negotiate fees with hospital networks around the world. In effect, they buy services wholesale and your insurer might be able to work up a wholesale price for you. Don’t scoff. That could be knock half or two thirds off your bill-depending on how hard a negotiator your hospital is.
On average, American hospitals receive about 35 percent of the amounts they bill.
So don’t be in a hurry to pay retail.
