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The Clark Howard Podcast

01.24.23 Medical Debt: Of Ambulances & Nonprofits / Clark’s Radical Traffic Solution

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 24 January 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

While recent changes to medical debt credit reporting will help, medical debt accounts for half the negative marks on credit reports, due in part to the medical industry’s resistance to lawful price disclosure under the No Surprises Act - which unfortunately excludes ambulance service. Clark discusses this glaring omission and the role of non-profits in tackling medical debt for consumers. Also, to solve traffic congestion we’re in a never ending quest to widen roads. But in this case, increased supply creates new demand. Clark offers a free market solution. Medical Debt: Segment 1 Ask Clark: Segment 2 Clark’s Traffic Solution: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Half of ambulance rides yield surprise medical bills. What's being done to protect people? How nonprofits help millions tackle their medical debt How Much Does an MRI Cost (With/Without Health Insurance)? Follow Clark Howard's #1 Rule To Travel Cheap How To Plan a Trip: Clark's Best Travel Tips To Save Money Turo: 5 Things To Know About the Cheap Car Rental Service Widening Highways Doesn’t Fix Traffic. So Why Do We Keep Doing It? How To Find a Good Moving Company Clark.com - Streaming TV Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This podcast is brought to you by Progressive.

0:02.7

Most of you aren't just listening right now,

0:04.7

you're driving, cleaning, and even exercising.

0:08.0

But what if you could be saving money

0:09.7

by switching to Progressive?

0:11.5

Drivers who save by switching save nearly $700 on average

0:15.0

and auto customers qualify for an average of seven discounts.

0:18.2

Multitask right now.

0:19.7

Quote today at progressive.com.

0:22.5

Progressive casualty insurance company and affiliates.

0:25.0

National average 12 month savings of $698

0:27.9

by new customers surveyed who save with Progressive between June 2021 and May 2022.

0:33.7

Potential savings will vary.

0:35.4

Discount's not available in all states and situations.

0:38.4

It's my pleasure to welcome you to the Clark Howard Show.

0:46.5

Our mission is to serve you and empower you

0:50.3

so you can make better financial decisions in your life.

0:54.9

One way we try to make your life easier is through the Team Clark Consumer Action Center,

1:00.5

where you can get free one-on-one advice information, guidance,

1:07.4

about a question or problem you have.

1:10.0

This is a service we've offered for 30 years.

1:14.4

Our actual 30-year anniversary is in eight days.

...

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