Medical debt and debilitating injury are the leading causes of bankruptcy in the United States. This is the case even for individuals who have health insurance. If you are like one of the millions of Americans swimming in medical debt, you may wonder what options for relief you have. Magnify Money offers advice regarding what you can do to get your Kentucky hospital or provider to agree to a bill reduction, or even to eliminate your debt entirely.

One thing many hospitals will not tell you is that they have financial assistance plans available for individuals who cannot afford the high cost of treatment. Typically, hospitals offer this type of assistance to individuals who are in one of two situations: they are either uninsured or they owe a significant amount of money even after applying their insurance. If you can relate to either of these situations, you may qualify for one of three financial aid programs.

The first program is a forgiveness or bill reduction program. According to Magnify Money, one Redditor got a $12,000 medical bill reduced to just $1,500 simply by reaching out to the billing department. The thread proves that this is not an isolated occurrence. You lose nothing by contact your hospital’s billing department but stand a lot to gain.

Another option you have is to take out a personal loan. You can use a personal loan to extend your repayment term or to consolidate several loans. However, if you are already in substantial debt and do not have the means to repay a loan, you may want to consider another option.

A final option to look into is the 0% interest repayment plan. While this type of plan does not reduce your debt, it does eliminate interest, which can add up over the repayment term. Typically, most hospitals will enroll party who asks about this type of program, as they come with little to no eligibility requirements. If your situation is dire enough, your hospital may agree to reduce your bill and enroll you in the 0% interest plan.

This article is meant to be purely informational. You should not view it as legal advice.