The Medical Bill Tracker Excel Template, found at, when utilized over time, provides a complete picture for you, the most important person in the process. Keep it for medical situations requiring all providers be listed at once.īecause modern care involves so many people, medical records are dispersed among multiple offices giving no one an accurate reflection, but rather just pieces of a much larger picture. If using multiple care providers, print the provider names from the billing column.Afterward, list all the categories and subcategories of your expenses on the right side of the sheet. For example, if your AGI is 50,000, the first 3,750 of qualified expenses (7.5 of 50,000) dont count. On the left side, list all categories or sources of your income. In addition, you can only deduct unreimbursed medical expenses that exceed 7.5 of your adjusted gross income (AGI), found on line 11 of your 2023 Form 1040. Between the two, you will have all the data you need if you have to dispute any specific billing. To do this, create a new worksheet named Income & Expense Categories. Each time a new bill is entered, put the hard copy and proof of payment in a binder.In the event of a payment dispute, the Medical Bill Tracker Excel Template affords a fast, easy way to track the payment, though you will still have to provide the receipt. Back up all of your data electronically and on paper.Tips for Using the Medical Bill Tracker Excel Template If so, call the doctor using the more expensive lab and see if another arrangement can be made. For example, you may find one doctor is submitting blood work to a lab that charges you less than another doctor’s lab. Look for things like duplicate billing numbers, multiple parties submitting billing for the same thing and so on. Get organized for 2024 with the easy to use monthly 2024 calendar Simply opt in below to have the FREE calendar sent straight to your inbox. CLICK HERE TO DOWNLOAD THE FREE MEDICAL EXPENSE TRACKER. Third, use the column tabs to sort the data as you desire. Description: A medical expense log helps you keep track of your medical and insurance expenses. In the meantime, don’t wait any longer, grab the Medical Expense Tracker and get started right away.The template is customizable allowing for multiple insurance company payouts to be tracked. Second, enter the data into the fields provided.How to Use the Medical Bill Tracker Excel Template The template provides an easy to use, customizable tool that makes quick sense out of a stack of bills. Lastly, it creates a money saving resource over time. Secondly, because there are so many involved from insurance companies to labs, therapists, doctors, hospitals and so forth, sometimes things get double billed. Why Use the Medical Bill Tracker Excel Template?įirst and foremost, medical bills are expensive and can ruin your credit. Use the free downloadable Medical Bill Tracker Excel Template to get a handle on the situation. What used to be a trip to one doctor now involves many people each submitting separate billing.
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