2024-04-13
Inflation has not spared the healthcare industry—lending much-needed attention to the growing challenge of high medical bills.
A recent study by the Kaiser Family Foundation (KFF) revealed that almost half of all Americans struggle to afford medical expenses, highlighting the urgent need for solutions.
In an in-depth investigation, Target 7 explores the financial assistance options available and offers guidance on how individuals can save on healthcare costs.
Dr. Susan Bornstein, the visionary behind the Asclepius Initiative, understands the importance of being well-prepared when confronted with substantial healthcare expenses.
Dr. Bornstein advises patients to gather three critical documents—a summary of benefits and coverage, the medical bill, and the explanation of benefits received from insurance companies.
By meticulously comparing these documents, patients can proactively identify any discrepancies and take necessary steps to dispute incorrect charges.
In Southwest Virginia, local hospitals are committed to supporting patients facing financial challenges.
Carilion Clinic extends assistance to individuals with income at or below 500% of the federal poverty level, while LewisGale Hospital provides aid to those below 200% of the poverty line. Centra Health in Lynchburg offers financial support to patients falling under the 400% income guideline.
These initiatives ensure that healthcare remains accessible to all, regardless of their financial circumstances.
When non-emergency medical services are required, Southwest Virginia presents various options for reduced-cost or free care. Free clinics and programs cater to the needs of individuals seeking medical attention without exorbitant expenses.
These resources act as a safety net, supporting individuals who may not qualify for hospital-based financial assistance programs but still require medical services.
However, financial assistance programs alone are not the sole solution. Dr. Bornstein stresses the importance of being proactive and informed. To empower patients, the Asclepius Initiative offers free webinars, equipping individuals with knowledge on how to advocate for their health and financial well-being.
By staying educated and understanding healthcare plans, individuals can navigate the complex world of medical bills with confidence.
Programs to Ease the Burden of High Medical Bills
Inflation has not spared the healthcare industry—lending much-needed attention to the growing challenge of high medical bills.
A recent study by the Kaiser Family Foundation (KFF) revealed that almost half of all Americans struggle to afford medical expenses, highlighting the urgent need for solutions.
In an in-depth investigation, Target 7 explores the financial assistance options available and offers guidance on how individuals can save on healthcare costs.
Dr. Susan Bornstein, the visionary behind the Asclepius Initiative, understands the importance of being well-prepared when confronted with substantial healthcare expenses.
Dr. Bornstein advises patients to gather three critical documents—a summary of benefits and coverage, the medical bill, and the explanation of benefits received from insurance companies.
By meticulously comparing these documents, patients can proactively identify any discrepancies and take necessary steps to dispute incorrect charges.
In Southwest Virginia, local hospitals are committed to supporting patients facing financial challenges.
Carilion Clinic extends assistance to individuals with income at or below 500% of the federal poverty level, while LewisGale Hospital provides aid to those below 200% of the poverty line. Centra Health in Lynchburg offers financial support to patients falling under the 400% income guideline.
These initiatives ensure that healthcare remains accessible to all, regardless of their financial circumstances.
When non-emergency medical services are required, Southwest Virginia presents various options for reduced-cost or free care. Free clinics and programs cater to the needs of individuals seeking medical attention without exorbitant expenses.
These resources act as a safety net, supporting individuals who may not qualify for hospital-based financial assistance programs but still require medical services.
However, financial assistance programs alone are not the sole solution. Dr. Bornstein stresses the importance of being proactive and informed. To empower patients, the Asclepius Initiative offers free webinars, equipping individuals with knowledge on how to advocate for their health and financial well-being.
By staying educated and understanding healthcare plans, individuals can navigate the complex world of medical bills with confidence.
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