Why are patients increasingly choosing cash pay?
Why are so many people deciding to cash pay over using their insurance? Over the last several years we have received a significant increase in patients wanting to cash pay for their care. This is happening for a myriad of different reasons.
Let’s start with one of the most surprising: “We discovered some health care providers’ cash or self-pay discounts are cheaper than what you’d pay using your insurance. People with high deductibles are finding it’s better to pay their bills with cash or card than let billing departments send it to their insurance.” (Click the button below to read the article)
Many patients are finding benefit to using Insurance as a backstop for emergencies and catastrophic care and utilizing cash pay for other areas of their healthcare. This could be for more specific, specialized, elective, and even preventative care. Other patients have told us they were sick and tired of spending hours on the phone with insurance companies trying to recuperate compensation for the care that was provided for them in their plan. People are taking their healthcare into their own hands instead of relying on insurance companies.
However, here at Steven Patching, MD offering cash pay options was not enough. Over the years many of those options were still too expensive. We decided to leverage our partners in medicine to find ways to make it more affordable for the patients who choose this option. We have created partnerships and negotiated rates substantially less than normal cash pay options.
Call us today for a cash pay quote for: