Unlocking Savings: How Prompt-Pay Discounts Can Reduce Your Medical Bills
Understanding Prompt-Pay Discounts Prompt-pay discounts are financial incentives offered by hospitals to encourage patients to settle their medical bills promptly, typically at the time of service or shortly thereafter. These discounts can lead to significant savings for patients, reducing their out-of-pocket expenses by a percentage that often ranges from 10% to 40%. The rationale behind … Read more