Illness is a devastating twist of faith that captures a family and drowns them in sorrows that they could never before have imagined. When a family member is suffering from an illness, the rest of the clan too suffers from the heartache and anxiety that comes with this tragic time. On top of the despair, families are also boggled down by the unbelievably hefty medical bills, a burden that can often leave the distressed family in debt. However a recent provision to the health care reform could help these families avoid commercial collection agencies.
By passing the Affordable Care Act, the IRS will be directed to alter a part of the law. As explained in a recent Fox News article, if the IRS drafts new rules there will then be an opportunity for families and patients at non for profit hospitals to be protected from aggressive debt collection.
The Affordable Care Act could give families the opportunity to lift the burden of their overwhelming medical bills. Patients who are battling an illness at nonprofit hospitals and their families will be able to set up an affordable payment plan and make arrangements to lower their staggering bills. Any family unable to afford their tremendous bills can possibly avoid debt with these new options.
A family suffering through an illness together must defeat an array of stresses in order to get by. The emotions, fears, and hope for healing can all overwhelm and intimidate a grieving family. Above all, the desperation to afford medical bills is a burden that weighs on a family. The overwhelming inability to afford their bills may leave many families suffering through debt during a horrible time in their lives. These growing bills may lead to commercial collection agencies sending collection letters and making collection calls. Fortunately, the Affordable Care Act could offer relief from debt collection and these bills.
Although this new IRS revision will only assist patients at nonprofit hospitals, people should be aware that more than half of American hospitals are non for profit. This opportunity to create reasonable payment plans and to lower massive medical bills can help assist families during their difficult time.
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Tags: accounts receivable, collection agency, collection company, collections agency, commercial debt collection services, Mutual Funds, online debt collection, rapid recovery solution, Rapid Recovery Solutions, Rapid Recoverys Solution, RRS
Filed under Mutual Funds by Jeanna Coppola
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