When it comes to health insurance and medical billing, the list of acronyms to keep track of can feel endless. Luckily, RexPay has made it our mission to help patients get a clear map as they navigate through the sea of financial and healthcare lingo!
When asked about their budgeting habits, it was reported this year that over half of Americans set aside less than 50 dollars per month for healthcare costs. It was also discovered that nearly forty percent of Americans say that they would go into debt if faced with a medical bill of 100 dollars or more - this percentage increases for American women!
Do you need help understanding your medical bills? If you do, you’re in luck, because Rex is an expert and he wants to help you become one too! Rex is going to be sharing more of this type of information on our blog and social media channels, so stay tuned to make sure you don’t miss any of his tips! Today, Rex wants to explain a few basic terms to help you decode those bills.