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5 Tips For Gen Y’ers to Avoid and Manage Medical Debt

{ 15 comments… read them below or add one }

anonymous June 29, 2009 at 9:48 pm

Great post!

What do you think about the growing trend of hospitals issuing their own credit cards? seems to me that it just compounds the debt issues facing young adults and others who have medical issues.

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anonymous June 29, 2009 at 9:48 pm

Great post!

What do you think about the growing trend of hospitals issuing their own credit cards? seems to me that it just compounds the debt issues facing young adults and others who have medical issues.

Reply

Kairol Rosenthal June 29, 2009 at 11:06 pm

I am disgusted by the trend of hospitals issuing credit cards to patients. It is a fast way for them to make sure they get payment, keep bills out of collections, and turn patients' medical debt quickly into credit card debt. (See my #3 big no, no) Hospitals should be in the healing business and not the banking business. Instead of becoming conduits for high interest lending, hospitals should be advocating on behalf of patients to cut health care costs.

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Kairol Rosenthal June 29, 2009 at 11:06 pm

I am disgusted by the trend of hospitals issuing credit cards to patients. It is a fast way for them to make sure they get payment, keep bills out of collections, and turn patients' medical debt quickly into credit card debt. (See my #3 big no, no) Hospitals should be in the healing business and not the banking business. Instead of becoming conduits for high interest lending, hospitals should be advocating on behalf of patients to cut health care costs.

Reply

Roman June 30, 2009 at 10:36 am

You can always try moving to Canada we have free medical insurance here or subsidized tuition fees.

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Roman June 30, 2009 at 10:36 am

You can always try moving to Canada we have free medical insurance here or subsidized tuition fees.

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Kairol Rosenthal June 30, 2009 at 12:37 pm

Roman,

Your suggestion is one being considered by a handful of young adult cancer patients who I am in contact with who can no longer manage their personal economic cancer conundrum.

My book Everything Changes: The Insider's Guide to Cancer in Your 20s and 30s is distributed in Canada as well. I get a lot of reader emails from Canadian patients who are shocked by what their U.S. counterparts have to contend with in order to receive treatment.

Thanks for your comment.

Kairol

Reply

Kairol Rosenthal June 30, 2009 at 12:37 pm

Roman,

Your suggestion is one being considered by a handful of young adult cancer patients who I am in contact with who can no longer manage their personal economic cancer conundrum.

My book Everything Changes: The Insider's Guide to Cancer in Your 20s and 30s is distributed in Canada as well. I get a lot of reader emails from Canadian patients who are shocked by what their U.S. counterparts have to contend with in order to receive treatment.

Thanks for your comment.

Kairol

Reply

Medela July 18, 2009 at 8:22 am

Great work Monica !! I will surely follow your tips.Thanks for sharing.

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Medela July 18, 2009 at 9:22 am

Great work Monica !! I will surely follow your tips.Thanks for sharing.

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SamanthaCherley January 27, 2010 at 8:36 am

Let me put this way: poor people will always be in debt, no matter what. That is how the system is built and that is how it will stya because the leaders have no advantage from offering free medical care to poor people. Quality medical care is something that only rich people can afford.

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Kairol Rosenthal January 27, 2010 at 2:28 pm

Hi Samantha,

Thanks for your comment. I think that leaders do have one advantage from offering free medical care to poor people; votes. There are millions of people in this country in medical debt, who if they organized well enough, could vote leaders out of office for not providing health coverage to all Americans. This is a real political option. Groups of constituents gain power all of the time by flexing their voting muscle. Unfortunately, patient advocacy organizations have not done all they can to organize people w/ medical debt into the powerful group that we can be.

I agree that for the most part, quality medical care is something that only rich people can afford. Which is unjust in a country as great as the United States. But I have met some very low-income young cancer patients who have had received fantastic top-notch medical care through government programs at no cost to them. This care should be extended not only for those who are already extremely impoverished, but to low to moderate income people who will become impoverished because of medical bills.

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