Medical Costs Soar, Consumers Need Debt Assistance
LAS VEGAS MEDICAL DEBT ATTORNEY
Hospital costs are on the rise as Medical Costs Soar, and consumers are struggling to adjust. Emergency room and hospital costs, along with bills for non-emergency medical procedures, are rapidly increasing. As medical costs soar, it is leaving many people in Nevada with outstanding medical bills. This increase in medical debt will undoubtedly create an increase in the need for some sort of debt relief to combat the medical costs.
Medical Debts Have Many People in Debt. Get Help Now. Call (702) 879-9262.
Medical Bills are Dischargeable in Bankruptcy
One of the remedies for outstanding medical debt is filing for bankruptcy protection. Discharging this medical debt may not be something you ever thought you would have to consider. However, there may not be another choice if you hope to rid yourself of medical debt. Consumers must do something to help themselves as medical costs soar out of control.
Medical Costs Soar. Get Medical Debt Relief from our Las Vegas Bankruptcy Attorneys. Call (702) 879-9262.
Recent reports indicate that emergency room visits in Clark County, Nevada, and across the country are being charged at much higher rates than they were just a decade ago. These higher rates are creating problems for patients trying to service this debt afterwards. The increase in fees is being attributed to fees that are being tacked on by medical centers. These fees are usually charged to clients just for walking in the doors of an emergency room. Patients who fail to pay their medical bills may have their debts sold to collection agencies and suffer negative marks on their credit.
When Medical Insurance Just Doesn’t Cut It
Across the country, the number of people who are currently struggling with medical debt has increased more than 30% since 2005. Sometimes insurance alone is not enough to cover the staggering costs of medical care. Though, patients are trying to be wiser and use in-network providers and have health insurance for the medical needs. Even with these precautions, a person may still receive medical bills in the hundreds and even thousands of dollars even after insurance has paid their share. Those with chronic conditions can expect to consistently and continuously accrue medical bills beyond what they can afford.
Las Vegas Shootings Medical Costs Top $600 Million
Sometimes you may need to get rid of medical debt that was unforeseen. For instance, many of the victims from the Las Vegas Shooting are facing medical debt that not only can they not afford, but it’s medical debt that none of them saw coming. According to Newsweek: The shooting will cost at least $600 million, Ted Miller, a researcher with the Pacific Institute for Research and Evaluation, tells Newsweek. Between the 58 killed and more than 500 injured, there are now many families in the Las Vegas area that are having to deal with the emergency room, hospital, ambulance, and medical care costs from the incident.
Families are Struggling in the Wake of this Tragedy
The last thing victims of tragedy should have to worry about is medical debt that will take years to get out of, if they are ever able to resolve the debt at all. Many of these families have also just lost an earner, or those whose contributions to the household will cost money to replace, such as childcare and home maintenance. Loss of employment and medical debts are two of the most dominant reasons for bankruptcy filings.
There is an Answer to the Problem of Medical Debt
If you are searching for an answer to medical debt, there is hope. Be aware, medical debts are one of the biggest causes of bankruptcy filings not only in Las Vegas, but the United States in general. Some studies estimate that more than 60% of bankruptcy filings are a result of medical debt. As medical costs soar, it is causing a parallel rise in Nevada bankruptcy filings. The good news for many people struggling with out-of-control medical debt is that you can eliminate all of your medical debt through bankruptcy. Whether you liquidate and discharge your debt in a Chapter 7 bankruptcy, or pay some or all of your medical debts in an affordable monthly payment plan, bankruptcy can help. Therefore, you should call an experienced Nevada debt relief attorney and find out how you can get out of the shadows of ominous debt.
The Law Office of Erik Severino
Vegas Bankruptcy Lawyers
7251 W Lake Mead Blvd
Las Vegas, NV 89128
Phone : (702) 879-9262