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5 Money Moves People Are More Likely to Make Now — and 3 They May Avoid

10 Common Expenses That Have Skyrocketed for Seniors

10 Common Expenses That Have Skyrocketed for Seniors
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New Law to Ban Many Surprise Medical Bills

New Law to Ban Many Surprise Medical Bills A practice known as balance billing soon will become a thing of the past. Patients fed up with receiving surprise medical bills might get some relief beginning in 2022. The pandemic stimulus and federal funding package that President Donald J. Trump signed into law this week contains a law the No Surprises Act that generally bans the practice of balance billing without a patient’s advance consent. This costly maneuver occurs when an out-of-network medical provider treats you without you realizing that the provider is not in your insurance company’s network. For example, an out-of-network doctor may treat you in an emergency situation. It’s even possible that an out-of-network physician or laboratory would provide care for you at an in-network hospital.

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