Many families today struggle paying medical bills. According to a Kaiser Family Foundation Study conducted in 2017, 75% of insurance and 64% of uninsured households decrease spending on household needs because of medical bills. Roughly 60% of bankruptcies are related to medical bills and health issues (Nerd Wallet), an estimated 80% of medical bills contain errors (Consumer Reports) and only 10% of patients comparatively shop for medical services (NYT).
On this webinar, Adria Gross, a Patients' Health Insurance and Medical Billing Advocate, will help us understand medical bills so that we help our clients protect assets and manage their medical bill claims. She'll talk about common errors to look for (wrongful billing, double billing, and more), insurance plans, and how to deal with denials, approvals and regulations. Adria will also discuss how to avoid bankruptcy and negotiate a deal and the financial implications from Third Party Payers.
*CE Eligible: One CE credit will be submitted to the CFP Board on behalf of attendees. Complete certificates are also provided to attendees for self- reporting for those with American College designations (CLU, CHFC and RICP), CIMA, and NAPFA members.
*CPE Eligible: Participants will earn 1 CPE credit and will receive a completion certificate for self-reporting their credit.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.