Sentences with phrase «pay outstanding medical bills»

It is difficult to maintain a decent standard of living when a person is facing long - term physical impairment and is struggling to pay outstanding medical bills.
Pay outstanding medical bills by Dec. 31 to claim them this year.

Not exact matches

Funeral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit card bills.
You can take funds out of an IRA to pay for medical insurance premiums or outstanding medical bills.
When you obtain an unsecured loan, you can use the money to pay off credit card balances, services and medical bills, store cards, other outstanding loans, etc..
For example, if you have a $ 15,000 burial insurance policy and funeral expenses came in at $ 10,000, your beneficiary might choose to use the additional funds to pay for other final expenses such as outstanding medical bills, legal costs, or any other outstanding debts you may owe.
These policies can provide the peace of mind of knowing that your survivors won't struggle to pay for your funeral or be saddled with outstanding medical bills and other debts.
We will get your medical bills paid, resolve any and all outstanding liens, and negotiate with your providers and health insurance companies to reduce your expenses.
If there are not enough in retirement savings, benefits from life coverage can pay off outstanding debts, medical bills, loans, or even funeral costs.
Guaranteed Whole Life Insurance from Banner Life Insurance Company, offers an easy and affordable way to protect your family from the burden of final expenses like funeral costs, medical bills or other outstanding debts by paying up to $ 15,000 at a difficult time.
Even if you're single or married without children, you could use a life insurance benefit to help your loved ones pay off your debts such as outstanding student loans and medical bills leftover when you die.
For example, if you have a $ 15,000 burial insurance policy and funeral expenses came in at $ 10,000, your beneficiary might choose to use the additional funds to pay for other final expenses such as outstanding medical bills, legal costs, or any other outstanding debts you may owe.
It can be used to pay for the cost of the funeral and burial, or any other final expenses such as outstanding medical bills.
IRS rules allow you to deduct these outstanding medical bills — along with those that were paid — so long as they're greater than 7.5 percent of the deceased's adjusted gross income if they were under age 65, 10 percent over 65.
In addition to paying for the procession, service, burial plot, casket, and headstone, families often use burial insurance payouts to cover outstanding medical bills, unpaid credit card balances, and other debts a family member has left behind.
Funeral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit card bills.
This can allow the insured to pay for medical expenses or other outstanding bills and puts them ahead of Primerica life insurance for an all encompassing term policy.
The most important thing is that a policy should be large enough to pay for the insured person's funeral expenses and outstanding medical bills, take care of outstanding debts, and meet long - term goals such as children's college tuition, says Brad Huffman, a Certified Financial Planner with Future Finances Inc. in Worthington, Ohio.
Those who have a limited amount of savings / investments with which to pay off outstanding debts, as well as potential medical bills that may be incurred at the end of life
Even after your youngest child graduates college and becomes financially independent or your mortgage is paid off, what happens to your spouse's current lifestyle, living expenses, medical bills, and outstanding personal loans?
The benefits of life insurance coverage are plentiful and guarantees that if you pass away, the people that you appoint at beneficiaries will receive a death benefit in order to carry on your wishes such as cover outstanding medical bills and other debt, pay for burial and funeral services, create a college fund for your children and more.
In the case of premature death your family will need money to pay your last expenses, like outstanding bills, funeral expenses, attorney's fees, medical bills and estate taxes.
It can help pay for your burial and related expenses, help assist your children to a better future through financial support of their education, help pay off outstanding medical bills, credit card bills, mortgage payments and other financial responsibilities.
Your life insurance death benefit can help ease the financial burden of your family to pay for your final expenses, including burial expenses, legal costs, medical bills, and any other outstanding debts you may have.
Some of the more common reasons that retirees decide to purchase a life insurance policy include providing income replacement for their spouse, leaving an inheritance behind, preserving their assets from estate taxes, or providing cash to pay off any outstanding debts or medical bills they may leave behind.
Funeral insurance can be used to pay for the cost of your funeral alone, or it can cover additional final expenses including outstanding medical bills, legal costs, or any other debts that you owe, such as, credit card bills.
• Assess the facility's need for staff and indulge in activities to interview, hire and train them • Determine need for supplies and medical equipment and ensure that both are procured in a time - efficient manner • Schedule appointments for patients after appropriately determining medical staff's schedules • Create medical records and ensure that they are managed in a secure and confidential manner • Oversee the collection of bills and make bank deposits • Coordinate efforts with medical insurance companies to ensure that outstanding claims are timely paid • Submit billing statements to patients and indulge in follow up activities • Perform data entry and processing duties and generate inventory records • Educate patients and families in a bid to make them understand and appreciate surgical and medical procedures
• Track record of managing medical payment collection activities by indulging in extensive medical billing activities • Demonstrated expertise in acting as a liaison between medical facilities and insurance carriers including HMOs, PPOs, Medi - cal and Medicare • First - hand experience in using coded data to produce and submit claims to insurance companies to ensure prompt payments • Competent at reviewing and appealing unpaid and denied claims • Documented success in effectively and efficiently translating medical procedures into codes which can be easily translated by payers and medical facilities • Familiar with transmitting coded patient treatment information to intended recipients • Proven record of coding treatment information using designated CPT codes and effectively reviewing medical records for accuracy and integrity • Unmatched ability to create reimbursement claims and coordinate reimbursement activities with payers • Qualified to process patient data such as treatment records and insurance information to verify data accuracy and integrity • Proven ability to liaise with insurance companies to facilitate payments of outstanding claims • Particularly effective in verifying coding and billing information to ensure that outstanding payments are paid on time
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