Business Insider
Date: 2012-05-03
Author: Mandi Woodruff

Article Mentions
Author, Mandi Woodruff
Mentioned, Josh Greene
Mentioned, Anisha
Mentioned, Twitter
When Lamb's insurer wouldn't cover the cost of dental implants, her dentist convinced her to apply for two lines of medical credit totaling $24,000. But when Lamb canceled the procedure due to complications from diabetes, she still wound up footing the bill, she toldOrlando's WFTV. Medical credit functions a lot like credit cards, but there's a huge difference consumers may not realize: There is no simple refund policy. You get approved, you get stuck with the payments or wind up like Lamb, battling it out with lenders while your credit score tanks. "Even if you do not need or receive all the procedures you paid for, receiving a refund is a time-consuming, mind-numbing, next-to-impossible process," writes NerdWallet's Anisha Sekar. Here's ...(read more)
... When Lamb's insurer wouldn't cover the cost of dental implants, her dentist convinced her to apply for two lines of medical credit totaling $24,000. But when Lamb canceled the procedure due to complications from diabetes, she still wound up footing t ...
... President of HealthCPA.com. "Once the provider has allowed you to set up interest-free monthly payments, be sure to keep up your end of the arrangement and make these monthly payments on time. " Beware of fees.If you do miss a payment or can't meet ...


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