BC Advantage - 2008 Issue 11

COLLECTING SELF PAY BALANCES -

You cannot pick up a paper today without reading about the 47 million uninsured Americans. Well that is only the tip of the iceberg.Yes there may be that many people without any third party coverage but there is a much larger group of individuals that fall into the "Self-Pay" Category. It's all of us folks with high deductible health plans. Deductibles today run from $500 to $5,000 and if you are normally a healthy individual then when a need for a medial service presents itself there is a good chance you will be paying a portion out...

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