Archive for July, 2008

Jul 15 2008

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No Option to pay medical bills by credit Card

Filed under finance

It has often been found by extensive survey that credit cards with huge outstanding are mainly due to medical bills paid by card. Along with higher interest rates and treatment fee makes the bill amount difficult to manage. The ratio of debt is 46% of the amount of debt for those who had paid their medical bills by credit card.

It is always wise to consult with your insurance advisor about the costs that are not covered by insurance. It is better to negotiate with hospital administrator for some adjustment or requesting him to provide some flexible plan for payment instead of paying by credit card.

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