In an Accident? 5 Tricks to Paying down Those Medical Bills

An accident is a stressful experience, and expensive medical bills only add to your stress. Unfortunately, medical bills are the leading cause of bankruptcy in the United States, making it crucial that you don’t let yours get out of hand. If you’re trying to pay down your medical bills, here are five things that may help.

File an Insurance Claim

Depending on the cause of the accident, there could be a party responsible, in which case their insurance should pay for your medical bills. 

Accidents on the job are covered by worker’s comp insurance, car accidents are covered by auto insurance and so on. See if this applies in your case and, if so, make sure you get the compensation you deserve.

Set up a Payment Plan

Although healthcare providers may send you a bill for a large amount due in a matter of weeks, they’re often flexible on this. 



It’s much better for them if you pay, whether you do that immediately or over the course of several payments. Contact the organization and ask if you can set up a payment plan with them.

Get a Low-Interest Credit Card

With a low-interest credit card, you could pay off all your medical bills, and then pay off your credit card bill at a fairly low annual percentage rate (APR). 

If you have a good credit score, you may even qualify for a 0-percent APR credit card, which allows you to pay no interest if you pay the full balance within the card’s introductory period.

Hire a Personal Injury Attorney

When someone else is responsible for your medical bills, the hope is that you’ll be able to file an insurance claim and get your compensation in short order, but that doesn’t always happen. 

If not, it can help quite a bit to hire a personal injury attorney like Goldberg Michael Attorney At Law or someone similar, as they can expedite the process and put pressure on either the other party or that party’s insurance company.

Get a Loan

A loan is another option that will allow you to pay off your medical bills, and then pay off what you borrowed over a longer time period. Loans tend to have lower interest rates than credit cards, except the aforementioned 0-percent APR cards.

Paying back medical bills is no fun, but with the right approach, you can keep them from getting out of control. Consider the five tricks above and see which one is best for your situation.