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Medical Bills facts

While investigating facts about Medical Bills On Credit Report and Medical Bills After Death, I found out little known, but curios details like:

About Zeal Akairaiwai, the Nigerian man who pays medical bills for fellow Nigerians that cannot afford to do it. He does that every week and had saved countless lives so far. As he said: "Be the angel you hope to meet".

how medical bills are paid after car accident?

Medical Bills and illness account for 2/3 of the bankruptcy filings in the US.

What medical bills can be claimed on taxes?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what medical bills can you claim on taxes. Here are 50 of the best facts about Medical Bills Tax Exemption 2018-19 and Medical Bills In Collections I managed to collect.

what medical bills are tax deductible?

  1. Former US president, Franklin Roosevelt, proposed a second Bill of Rights that assured US citizens such things like the right to a job with a living wage, adequate medical care, the right to a decent home, and the right to a good education.

  2. 62.1% of bankruptcies in the US are due to medical bills. Most medical debtors were well educated and middle class; three quarters had health insurance. Unaffordable medical bills and income shortfalls due to illness were common causes.

  3. Robin Williams and Christopher Reeve were good friends who attended Julliard together and that Robin paid many of Christopher's medical bills after the equestrian accident.

  4. In 1996 Tom Cruise witnessed a hit and run accident. He stayed with the victim after calling 911 and ended up paying her medical bills when he learned she was uninsured.

  5. “double-hit" cases in China, where drivers who hit pedestrians will intentionally run over them again until they are killed in order to avoid paying for their lifetime medical bills.

  6. Orlando hospitals didn’t charge the victims of the Pulse nightclub shooting for their treatment. Local hospitals announced they would write off about $5.5 million in medical bills in response to overwhelming support by many organisations, individuals and charities.

  7. When Michael Moore's biggest critic (author of had trouble paying his wife's medical bills, anonymous person donated $12,000 for the cause. As it turned out later, it was Michael Moore.

  8. Two thirds of Americans who declare bankruptcy cite medical bills as a significant cause

  9. About the proposed second bill of rights by Roosevelt that would include: medical care, a decent home, a good education, a job etc.

medical bills facts
What medical bills can i write off?

Why medical bills are killing us?

You can easily fact check why medical bills are so expensive by examining the linked well-known sources.

Sherlock Holmes was based, in part, on a medical professor of Sir Arthur Conan Doyle called "Bill". Bill would look at his patients without their speaking, determine their ethnicity, profession, and make a prediction about their condition based on sight alone.

Early in prohibition, "medical beer" was available by the glass in pharmacies if you had a doctor's prescription for it. It could be prescribed to treat any and every illness. This was ended by the beer emergency bill. - source

In 2015 a guy from San Diego nearly died trying to take a selfie with a rattlesnake. Doctors had to use two hospitals' worth of anti-venom to cure his wound, and that treatment alone ended up costing him $150,000 dollars on his medical bill. - source

Hadassah Peri, a private nurse in NYC, was given over $30 million by her heiress client, Huguette Clark. The gifts were in the form of houses, cars, paid medical bills and private school tuitions. Huguette Clark was the reclusive daughter of the 19 century copper baron, William Clark.

Uninsured Americans just die if they can't afford to pay their medical bills. - source

When medical bills go to collections?

There is a medical billing code for being sucked into a jet engine.

How medical bills affect credit score?

Millvina Dean, the oldest living Titanic survivor, had to sell precious, historic memorabilia in order to pay for her final medical bills.

Actress Gene Tierney contracted rubella while pregnant, due to a fan breaking quarantine to meet her. Her daughter suffered severe mental development issues & became deaf and blind later on in life. Howard Hughes paid her medical bills, ensuring she received the best care.

The ICD-10, used to encode medical diagnoses, not only has a separate code for spider bites, it distinguishes whether the bite was accidental, self-inflicted, or an assault. Because apparently self-harm by spider bite happens enough that it needs its own billing code.

Medical care was provided by the G.I. Bill through insurance. Hospitals were also built, which became the first of the VA hospitals.

What happens when medical bills go to collections?

Mark Wells Olympic hockey player in 1980 sold his gold metal due to unpaid medical bills for $40,000. After a the private collector bought it he sold the metal for $310,700. Mark told a interview "It killed me to sell the medal. But my life was crumbling. I was going to lose my home"...

Patton Oswalt responded to a Twitter Hater by donating $2,000 to his GoFundMe that was established to pay off insurmountable medical bills. Afterwards Pat’s other fans also donated so that the goal was met and overwhelming overshot. The Original Twitter hater became a fan to say the least.

Fred DeLuca, the founder of Subway, opened the first Subway restaurant to help pay the bills for medical school. He didn’t end up going there.

About debt "parking", where debt collectors can affect your credit score without having to ever notify you that you owe money. This most often happens with small medical bills. (page 11 on the pdf/ labeled page 8)

Mark Wells, who was part of the 1980 American hockey team that won the Olympic championship was forced to sell his gold medal to pay for surgery and medical bills after he was diagnosed with a rare degenerative spinal disease.

How medical bills affect your credit?

There’s a doctor who offers Direct Primary Care. A service that works as a monthly membership. Depending on age, you can pay anywhere from $10 to $89 a month. They do not bill insurance and gives all medication and lab work done at cost. Conventional system can be up to 80x the cost.

A new study from academic researchers found that 66.5 percent of all bankruptcies were tied to medical issues —either because of high costs for care or time out of work. An estimated 530,000 families turn to bankruptcy each year because of medical issues and bills, the research found.

80-90% of medical bills in America are incorrect.

7-Up contained lithium citrate, a mood stabilizing medication for bipolar disorder, until 1948 and was billed as a 'lithiated' soda.

The charges you are billed for medical procedures have almost no relationship with the negotiated cost that each Insurance company pays.

Billionaire Paul Getty scolded his wife over medical bills when his 6 year old son got sick: “I’m glad that you realize they are enormous. You should always have an agreement in advance as to what the charges will be. Some doctors like to charge a rich person 20 times more.”

Nick Hogan's reckless driving victim (severe brain damage) received a settlement of less than $5 million. The US tax payers are currently paying the medical bills for the drag racing accident that Hulk Hogan's son caused and will be for life.

Medical bills cause more than 60 percent of U.S. bankruptcies. Most of those who filed for bankruptcy were middle-class and well-educated homeowners.

Medical bills are the biggest cause of US bankruptcies.

In China, drivers would rather kill you than injure you to avoid paying ongoing medical bills

Some drivers in China will back up and kill a pedestrian they have hit to ensure they are dead because it costs less money to pay off a dead person's family than it does to take care of their medical bills for life.

Nevada Senate Bill 372 would allow pet owners to get a medical marijuana for their sick pets.

Charles Manson and members of the Family lived at Beach Boys drummer Dennis Wilson's house on Sunset Boulevard. Over a few months, they cost Wilson approx. $100,000, which included a large medical bill for gonorrhea treatment and $21,000 for the accidental destruction of a car

If a driver in China hits a pedestrian, drivers will go back to intentionally kill the person. The driver must continue to pay the medical bills for the disabled. Killing the pedestrian, however, will result in a one-time fee.

This is our collection of basic interesting facts about Medical Bills. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Medical Bills so important!

Editor Veselin Nedev Editor