Hacking Healthcare, Prescriptions and Medical Bills with Marshall Allen

Partner Deals Long Angle: Join a free private community for high net worth investorsBilt Rewards: ⁠Earn the most valuable points when you pay rentQuince: Affordable luxury essentials with free shipping + 365 day returnsFabric: ⁠Affordable term life insurance for you and your familyMasterClass: ⁠Learn from the world's best with up to 15% offFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals#34: Healthcare journalist Marshall Allen joins Chris to discuss why you should never pay the first medical bill you receive. He also shares hacks that can help you prevent big medical bills before you get care, remove unreasonable charges, appeal insurance decisions, and lower the amount you pay for prescription drugs. Marshall Allen (@marshall_allen) was a reporter at ProPublica investigating the cost and quality of the U.S. healthcare system for over a decade. His work has been honored with several journalism awards, including the Harvard Kennedy School’s Goldsmith Prize for Investigative Reporting. He is also the author of Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win.Full show notes at: https://allthehacks.com/hacking-healthcare-marshall-allen Partner DealsFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Marshall Allen: Website | Twitter | LinkedInMarshall's Book: Never Pay the First Bill: And Other Ways to Fight the Health Care System and WinMarshall Allen’s Insurance Appeal MemosApple Health AppProPublica Surgeon Scorecard ProjectSave on prescription drugs: GoodRX | Good Shepherd Drug price comparison: Consumer Reports on Drug Prices Full Show Notes(00:17) Who Is Marshall Allen?(01:30) Why Marshall Allen Dedicated His Career to Reporting About Healthcare(03:23) When He Felt He Had to Write a Book(04:40) Important Statistics About the Healthcare Crisis in the United States (And What It Means to Be Functionally Uninsured)(07:01) What Does It Mean to Win the Fight Against the Health Care System?(07:58) A Common Cost You Can Probably Avoid on Your Medical Bill(09:13) Should You Negotiate Your Medical Bill Even If You Have a Low Deductible?(13:26) The Main Reason the U.S. Healthcare System Is So Broken(15:43) Easy Big Wins to Save on Healthcare(19:37) Are Healthcare Prices Negotiable?(22:25) Why You Should Always Ask for an Itemized Medical Bill(23:23) Chris’ Case Studies: Same Ailment, Two Facilities, Different Charges(29:10) Do Hospitals Have an Obligation to Charge a Fair Price?(31:56) What to Do When You Receive Unreasonable Medical Bills (How to Sue in Small Claims Court and What the Open Price Term Is)(42:46) Getting a Medical Bill Before Your Insurance Company Responds to the Charge (Getting Tricked to Double Pay)(44:49) How to Fight Your Insurance Company When They Reject the Care You Need(46:47) What If Your Insurance Company Doesn’t Cover the Latest Medical Discoveries?(51:09) How Do You Find the Best Care (Key Indicators of Medical Quality)?(55:36) A Question That Will Help You Save Money on Procedures You Don’t Need(59:12) How to Pick the Right Healthcare Plan (While Still Saving Money)(1:03:32) Health Savings Account vs. Flexible Savings Account(1:05:54) Saving Money on Prescription Drugs(1:07:48) Boosting Healthcare Literacy in the U.S.(1:11:17) Reach Out to Marshall Allen Connect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.