UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev Thread | Next Thread
Author: mtr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: more bad news Date: 2/12/2014 10:19 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
On Sunday I got a piece of chicken stuck in my throuht I went to urgent care and the hospital. The hospital did an endoscopy on me to get it unstuck. I had to stay overnight at the hospital and was released around 2 pm. The hospital called me today demanding that I pay them $2276 even though the claim has not been processed by United Health Care. I do not know what the dr is billing the insurance at all. The maximium out of pocket under my plan is $5700 I met $157 paid so far.

My HSA account has $1990 in it at this time. Saturday I have to pay $2546 to the dentist to get the dentures made. I did an approximation of my income tax refund which I think will be $1800ish I have to pay about $200 or more to get my taxes done on Sunday.
Print the post Back To Top
Author: aj485 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307832 of 308881
Subject: Re: more bad news Date: 2/12/2014 11:09 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 27
On Sunday I got a piece of chicken stuck in my throuht I went to urgent care and the hospital. The hospital did an endoscopy on me to get it unstuck. I had to stay overnight at the hospital and was released around 2 pm. The hospital called me today demanding that I pay them $2276 even though the claim has not been processed by United Health Care. I do not know what the dr is billing the insurance at all. The maximium out of pocket under my plan is $5700 I met $157 paid so far.

My HSA account has $1990 in it at this time. Saturday I have to pay $2546 to the dentist to get the dentures made. I did an approximation of my income tax refund which I think will be $1800ish I have to pay about $200 or more to get my taxes done on Sunday.


Sorry for your troubles.

Gosh, with the way life seems to roll for you, it'd be great if you had an emergency fund and/or were willing to sell some of the stocks in your taxable account. Since you haven't been willing to do either, I guess you'll end up with more debt, which will require more monthly payments that you will need to cover with your already stretched income, thus causing more stress in your life, possibly leading to more issues in your life.

Seems to be a vicious circle. If only it could be broken.....

AJ

Print the post Back To Top
Author: mtr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307833 of 308881
Subject: Re: more bad news Date: 2/12/2014 11:38 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I looked at my slate card has a balance transfer offer of 2% fee min $5 and 0% for 12 months or I could borrow up to $4500 at 3.55% for 24 months secured on a cd.

Print the post Back To Top
Author: aj485 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307834 of 308881
Subject: Re: more bad news Date: 2/13/2014 12:11 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 5
I looked at my slate card has a balance transfer offer of 2% fee min $5 and 0% for 12 months or I could borrow up to $4500 at 3.55% for 24 months secured on a cd.

Well, let's see.

Potential available funds:

$1990 - HSA
$1800 - tax refund

$3790 - total

Medical bills

between $2276(current hospital bill only) and $5543 (max remaining out of pocket) - medical bills
$2546 - dentures
$200 - tax prep

Between $5022 and $8289 - total

Shortfall: between $1232 and $4499

Slate card - Add 2% for the BT fee, and pay off in 11 months to avoid interest in addition to the BT fee: payment for $1232 plus a $25 BT fee will be about $115/month; payment for $4499 plus a $90 BT fee will be about $420/month

Savings secured loan @ 3.55% for 24 months - Payment on $1232 will be $53.25/month, and you will pay $46 in interest over the life of the loan. Payment on $4499 will be $194.50/month and you will pay $169 in interest over the life of the loan.

All of this pre-supposes that all of your medical bills are in network, fully covered by insurance, and you have no additional co-pay over your out of pocket max. If not, then the amount you have to borrow, and your subsequent costs could be higher.

So, you are looking at adding between $50 and $420 per month to your expenses, depending on what the costs end up being and which debt option you choose. Can your income stretch to cover that, in addition to the rest of your expenses?

AJ

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post Back To Top
Author: TheEvilDrP Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307835 of 308881
Subject: Re: more bad news Date: 2/13/2014 12:33 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 5
The hospital called me today demanding that I pay them $2276 even though the claim has not been processed by United Health Care. I do not know what the dr is billing the insurance at all. The maximium out of pocket under my plan is $5700 I met $157 paid so far.


Stop right here and wait for your insurance to process this claim. At the very least, you will get a discounted rate and at the most, they will pay most or all of it.

Also...hospitals don't usually call demanding payment the day after medical care was provided because...they go through the insurance. You should refer them to your insurance company.

Minxie

Print the post Back To Top
Author: Fuskie Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307836 of 308881
Subject: Re: more bad news Date: 2/13/2014 12:52 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 6
First of all, don't panic and look into selling off your first born. Second, check to see if your hospital has a Patient Advocate and contact them immediately if they do.

An Patient Advocate is a “supporter, believer, sponsor, promoter, campaigner, backer, or spokesperson.” An effective advocate is someone who can act on your behalf by working with other members of your healthcare team such as your doctors and nurses. While they are a hospital employee, they are independent of the doctors, nurses and most importantly, the hated billing department.

Patient Advocates sometimes stop by your room to introduce themselves and check on how your hospital stay is going. You can also contact them directly to discuss your concerns, or request that they come by and see you. Patients often ask for Patient Advocate help out of frustration or needing assistance. This may include getting a ride home from the hospital or having a hospital bill explained. It can also include concerns about medical treatment, such as possibly receiving the wrong medication, being discharged too soon or staff not washing their hands properly.

Feel free to speak to your Patient Advocate. They will listen to your concerns, respond to a complaint, explain hospital policies and procedures, assist you in finding community services, provide information on payment coverage or discuss a concern between you and your medical team. The Patient Advocate goal is to resolve your concern during your hospital stay so that you can get well!

https://www.hnfs.com/content/hnfs/home/tn/bene/res/patient_s...

I've been on an iced-in soapbox all day today, so let me just say that next to politicians and banks, hospitals are the most corrupt and unethical businesses in the country. They negotiate discounts with insurance companies then demand the uninsured pay a full premium for the same services for which they were just willing to take less. They pad your bill worse than the defense department - Instead of a $120 hammer, you get a $120 cup in which to leave a urine sample. And after verifying your coverage, including the list of doctors who in your network, they'll insert out-of-network doctors into your care and bill you the extra price.

Hospitals are supposed to be places where you can go care to get better, but too often they just leave you in a world of hurt.

Fuskie
Who notes if the hospital has a Patient Advocate department, the may be able to intercede with the billing department to forestall any collection action until the insurance is processed...

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post Back To Top
Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307837 of 308881
Subject: Re: more bad news Date: 2/13/2014 9:19 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
This is very strange. I have never had a hospital call. They have sent a bill offering a 2% discount if the bill was paid immediately. Their offer was ignored until the "real" price was determined by the insurance company.

Did you ask if they had your insurance information and were billing insurance?

Print the post Back To Top
Author: Windowseat Big funky green star, 20000 posts Top Favorite Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307841 of 308881
Subject: Re: more bad news Date: 2/13/2014 10:49 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 8
My HSA account has $1990 in it at this time. Saturday I have to pay $2546 to the dentist to get the dentures made. I did an approximation of my income tax refund which I think will be $1800ish I have to pay about $200 or more to get my taxes done on Sunday.

I remember that back when you had that accident a couple of years ago you had to return to work immediately because you didn't have an emergency fund, and we asked you why not. You said that when you returned to live with your parent's you were not asked to pay rent, but agreed to pay for certain extras whenever you had the money. Therefore you never kept any money in your accounts because you didn't want to pay what you agreed to pay. Thus, you couldn't have an emergency fund.

Wouldn't it make sense to come to a different agreement with your parents and pay a certain set amount every month? That way you could have an emergency fund and not worry about your parents asking you to fulfill your part of the bargain.

Nancy

Print the post Back To Top
Author: TheEvilDrP Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307843 of 308881
Subject: Re: more bad news Date: 2/13/2014 4:54 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 10
...but agreed to pay for certain extras whenever you had the money. Therefore you never kept any money in your accounts because you didn't want to pay what you agreed to pay. Thus, you couldn't have an emergency fund.



To the OP:

I'm late to this but IIUC, you are deliberately NOT keeping an emergency fund so that you don't have to pay any money to your parents who are kindly sheltering you?

Wow...that is pretty...well, to be honest, pretty scummy. Your parents are supporting you with their money while you invest yours or fritter it away or whatever it is you are doing.

My advice: get your own place, grow up, and stop sponging off other people.

Minxie

Print the post Back To Top
Author: mtr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307845 of 308881
Subject: Re: more bad news Date: 2/13/2014 10:55 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
excerpt:My advice: get your own place, grow up, and stop sponging off other people.


I'd love too but I can not afford my medicine and keep a car, apt. and insurance on what I make at a insurance company.

I put away 6% in my 401k roth so I get the full match from the company. I put away $1500 + match in my HSA.


I tried living on my own in a condo I got burned by a HOA from hell that special assessed that wasn't taking care of the plumbing.

I tried living in apt with a roommate. I got burned there as well my ex roommate was not interested in finding a job and more interested in having sex, going to Casino Arizona and playing the blackjack table, and drinking vodka and not paying his half of the rent and running up my phone bill.

Print the post Back To Top
Author: joelcorley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307846 of 308881
Subject: Re: more bad news Date: 2/14/2014 12:41 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
mtr,

You wrote, The hospital called me today demanding that I pay them $2276 even though the claim has not been processed by United Health Care. ...

This just doesn't happen to me. Well, not any more. I do have a scumbag experiences with a hospital from over 2 decades ago. Parkland Memorial - the Dallas County hospital - did some questionable things to me. The last time was when my ex was taken against her will by ambulance after a car crash. From past experiences, we'd already determined we weren't trusting Parkland with our care anymore. So I came down to Parkland and took her out AMA.

That night someone from the hospital called me at home and made some wild assertions about her condition and said she needed to come back. I took her to a real hospital the next morning and had an MRI and some other very expensive and apparently unnecessarily tests done on her because of that call. Turned out she was just badly bruised and had a broken sternum. The doctor sent her home with some painkillers and bed rest.

When Parkland tried to collect - some of it for work they may have scheduled but never did because I took off with her - I sent the bill on to my insurance company along with a letter explaining the situation, pointing out that some of the bill was clearly fraudulent and recommended they seriously consider paying none of it. I also hinted that if Parkland attempted to collect from me, I'd probably sue them.

My relatively small employer had a lawyer on retainer and he'd occasionally spend time at our offices. We got along well. He helped me cite some legal claims, gave me the necessary citations and had me CC his office and Parkland's CFO.

Parkland sent me back an apology letter, signed by the CFO, and told me to forget about the entire bill.

Of course this won't help you any - mostly it's just a fun story I have about turning a bad hospital experience on its head.

For you, it sounds like you'll owe this hospital a bunch of money. But if I were in your shoes, I'd laugh at them and tell them to send your insurer the bill and quit wasting your time and their's unnecessarily - you aren't paying a dime until you see the insurance company's EOB.

- Joel

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post Back To Top
Author: roland465 Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307847 of 308881
Subject: Re: more bad news Date: 2/14/2014 1:27 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 6
Based on: http://boards.fool.com/111713-update-30979980.aspx

You have over $50,000 in assets you could easily sell to pay some of these bills.

Some people love to go from drama to drama seeking sympathy. My ex gf was one of those. Time to make some different choices maybe?

Print the post Back To Top
Author: ishtarastarte Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307848 of 308881
Subject: Re: more bad news Date: 2/14/2014 9:49 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 17
Ok, I have to put in my 2 cents. . . .

The OP does have a mental illness, and from seeing his posts over the years, it is quite possible that he has a hard time living on his own.

I'm not sure why his insurance company doesn't cover his meds, but he is taking quite a few.

There have been times in the recent past where he has been in fear of losing his job, in addition to other things.

I do think he should be giving himself more of an economic cushion, especially with how many times this has stressed him out.

I don't understand how putting $1500 a month into an HSA and not having enough to pay his medical bills, though.

But, by definition, mental illness means sometimes not making rational (or normal) decisions.

Meds help, but they aren't miraculous.

Ishtar

Print the post Back To Top
Author: mtr Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307849 of 308881
Subject: Re: more bad news Date: 2/14/2014 4:02 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I don't understand how putting $1500 a month into an HSA and not having enough to pay his medical bills, though.

I want to clarify I put $1500 a year into the HSA.

here have been times in the recent past where he has been in fear of losing his job, in addition to other things.

Boss threating to give Unsatifactory rating on me and boot me out.

Print the post Back To Top
Author: Patzer Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 307850 of 308881
Subject: Re: more bad news Date: 2/14/2014 4:05 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
I don't understand how putting $1500 a month into an HSA and not having enough to pay his medical bills, though.

This is almost certainly $1500 per year. The limit on contributions for an HSA is $3450 if he has HDHP with single coverage, $6450 if he has HDHP with family coverage. Given OP's situation, I'd be shocked if he has family coverage. Employer contributions are limited to $2500 per year, but in practice may be much lower. $500 is a number I commonly see as employer contributions on W2's.

But, by definition, mental illness means sometimes not making rational (or normal) decisions.

That's definitely the more critical part of the situation.

Patzer

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev Thread | Next Thread
Advertisement