Ted Bauman is a financial expert. He studied at the University of Cape Town where he graduated with a degree in economics and history. He has worked in South Africa for 25 years with various non profit organizations. One of the organizations that he worked for is slum dwellers organization which dealt with low-cost housing projects. In his career as a financial expert, Ted Bauman has come to understand various important things that can cushion people from financial exploitation. From his business analysis, big businesses are involved in practices that exhibit customer exploitation. One of the areas that he has identified is the emergency room.
Americans seeking emergency room services are normally overcharged to a tune of over $3 billion annually. This is according to research conducted by the John Hopkins School of Medicine. According to Ted Bauman, there are various initiatives that patients can take in order to eliminate the chances of exploitation. Here, we will look at some of these tips which he believes will go a long way in helping the people overcome the challenge of getting astronomical bills from the emergency room facilities.
If you suspect that your bill is not rational, you should question the facility. For instance, you should ask for a breakdown of each of the services offered. You’ll want to know how the total amount was arrived at. It is very common to find that you were overcharged to for something that did not require any fee. Ted advises patients to consider asking for more information about the procedures and tests they will undergo. You might find that a doctor is recommending an expensive test which could be done with an alternative that will not cost a lot.
Ask for in-network providers
When seeking services from an emergency room, you should not think that your insurance network covers every provider. So, before getting any treatment, ensure you’re getting services only from in-network providers. This will protect you from exorbitant prices associated with out-of-network practitioners. To make your facility aware of your decision, you should make it clear in your admission form that you want an in network services.