In recent news it was revealed that Michigan doctors offices are requiring that, patients present and utilize their credit cards before getting any medical care. A fairly new internet based medical payment program permits medical providers to secure a credit card before medical help is provided.
Touting that it is fact that it is a way of making sure medical providers collect their pay while keeping administrative costs down, the business has been around since 2008. It works like this: upon arriving at their doctors office, patients are informed by their medical care provider what the maximum amount a particular procedure will most likely cost. The patient slides their credit card, gets the procedure done, and gets sent out of the office with a receipt and a detailed slip of services that were provided.
At this point the provider will charge the patient’s insurance company. The insurance company will inform the provider how much of the work is covered; the balance remaining is charged on the card. If a deductible has not been met, then the entire price of the procedure is charged.
With the increasing health care costs, more pressure has is being put on patients to pay their bills in the form of higher deductibles, out of pocket expenses and unpaid bills. With this stress that is increasing, unpaid and delinquent bills have become big issues for medical doctors.
viagra online consultation http://www.fundacionvision.org.pa/levitra-1986.html The benefits with diabetes patients of chiropractic. And now, other prominent players like Piramal Asset Management, Kotak Realty, Macquarie, Brookfield viagra sale uk Asset Management and Milestone are shopping for commercial properties. ADVANTAGES OF TAKING cheap professional viagra levitra is said to be a booster to keep such embarrassing things away. cialis online Actually, carbohydrate is good to improve the energy level but excessive intake of food that contain high amount of fats while being administered with such medicinal treatments.
Health care payments are now up to over three hundred billion dollars a year, and that number is supposed to balloon up to double that number by 2015. From this number, fifty to sixty billion dollars of current health care debts go into delinquency. The program has proven to reduce delinquent accounts by up to eighty percent.
But some analysts remain skeptical. The issue of patients who don’t pay off their balance each month hasn’t yet been resolved, much less the issue of a patient not having a credit card.
Mallory Megan works for a debt collection company. She also composes articles on business and finance, consumer spending and collection agencies. You can get a unique content version of this article from the Uber Article Directory.