Consolidate Bills – An Answer To Unexpected Medical Bills

If you are suddenly hit by unexpected medical expenses, the answer may be to consolidate bills. Many people are paying far too much of their income every month on credit debt. If they consolidate bills, they can either free up some of their income to meet ongoing monthly medical expenses or they can increase their borrowing to cover major hospital and other costs while keeping their repayments the same.

There are a number of ways you can consolidate bills. If you are a homeowner, a home equity loan is probably the least expensive way to reduce your monthly credit payments. However, there is always a risk in tying your home to any debt. If you cannot meet the repayments of the second loan you can lose your home. Chances are, though, that even if the payments decrease or remain the same, you will maintain your current status quo.

However, if the medical expenses are likely to be staggered, a homeowner may well be advised to choose a home equity line of credit to consolidate bills. The advantage of this loan is that the loan isn’t paid out in one payment, whether you need it or not. It is conducted much like a checking account. You only access the account when you need to make a payment. This way, interest is not charged on money that is just sitting in your account. You only begin to pay interest once you withdraw the money.

A personal loan is probably the most common way to consolidate bills. Personal loan interest rates are usually lower than credit card interest rates and so the monthly payments are usually lower. The advantage of using a personal loan to consolidate bills is that there is a definite loan term that means at the end of that term, you will have paid off the original debt. However, they may not be flexible enough to meet your needs in the face of a medical emergency.

An often overlooked strategy to consolidate debt is to transfer all balances to a low rate credit card. Generally speaking, people consolidate bills to get out of credit card debt, not replace it. However, low rate credit cards can reduce monthly payments and provide flexibility in terms of credit limit to cover ongoing medical expenses. It is important to read the terms and conditions very carefully when agreeing to a credit card. Be aware of penalties for late payments and possible interest rate increases. The risk of choosing this method to consolidate debt is that you can easily increase your credit card debt, leaving you in a worse situation than before.

So if you are suddenly confronted by unexpected medical bills and are tearing your hair out in worry, take a step back. You may be able to consolidate bills and give yourself much needed breathing space. If you consolidate debt, you will be able to free up income or increase borrowing power to get you through difficult times.

Applications medical paper

“Many of the articles that appear in scientific journals under the byline of prominent academics are actually written by ghostwriters in the pay of drug companies.” Used by doctors “to guide their care of patients,” these “seemingly objective articles are often part of a marketing campaign,” the Wall Street Journal reported.

The New England Journal of Medicine recently revealed that a 2000 article on Vioxx “omitted information about heart attacks among patients taking the drug. The deletions were made by someone working from a Merck computer.” A 1999 “publications strategy” prepared for Pfizer by a WPP Group agency listed 81 proposed articles, promoting Zoloft for everything from “panic disorder to pedophilia.” One physiologist hired by Elsevier’s Excerpta Medica says she was asked to “slant” a 2002 paper in favor of a Johnson & Johnson drug. Many journals ask for disclosure, but say their ability to weed out ghostwriters is limited. “I don’t give lie-detector tests,” the Journal of the American Medical Association’s chief editor told the Wall Street Journal.

Applications may be submitted in various categories to be determined. Each category has seven author classifications: family physicians and fellows primarily in academic medicine, family physicians primarily in clinical practice, family practice residents, medical students, international attendees, professionals primarily engaged in medical informatics and others.

Estimates suggest that almost half of all articles published in journals are by ghostwriters. While doctors who have put their names to the papers can be paid handsomely for ‘lending’ their reputations, the ghostwriters remain hidden. They, and the involvement of the pharmaceutical firms, are rarely revealed.

While many studies have shown that cyber-records can reduce errors, improve care and lower costs, the medical community is moving too slowly to adopt the new technology. Providers are loath to change their record-keeping ways because of concerns about the expense, fears about software glitches and a mind-set against radical departures in treating patients.

One important contribution of the current paper is to update the prior econometric work to the current managed care and policy environment, using a nationwide sample of medical groups responding to two surveys (1997 data) of the Medical Group Management Association: The Compensation and Production Survey and the Cost Survey. Second, the rich data set provided by the MGMA surveys allows us to account for the role of a variety of potential productivity “drivers” within the medical group: ownership form, presence of monitoring mechanisms, size of the group, physician specialty mix, and individual physician characteristics. Third, this research examines a wider range of ownership forms and specialty types of medical group practice-non-primary care single-specialty groups, primary care groups, and multispecialty groups–than previous empirical studies of physician productivity.

In contrast, the analyses of Gaynor and Pauly (1990) and Gaynor and Gertler (1995) were restricted to primary care groups and the partners hip form of practice. Fourth, by virtue of the broader array of specialty groups in the MGMA sample, the current study will be able to distinguish differential responses to financial incentives and organization design features among primary care physicians (PCPs), medical specialists, and surgical specialists.