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Jun 03, 2004 -- Hospitals requiring payment upfront

Have you ever gone to the hospital for a non-emergency procedure? If so, you probably figured you’d be billed later and you could pay them when you got around to it. But more and more hospitals aren’t getting paid in that scenario. Hospitals lose about $22 billion a year from non-payments and they’re tired of it. So, more and more are calculating what your portion will be before you leave the building. Some are even adding up your bill before you have the procedure, according to the Wall Street Journal. Clark says more power to them. If you owned a business or restaurant, you wouldn’t allow people to take items or eat and then send them a bill that they could pay later. You’d pay right then and there. But, in exchange, the hospital should give us some kind of written estimate, detailing what we will pay. What’s fair is fair.

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Do you like the idea of auto insurers switching to a pay-as-you-drive model -- where how, when and where you drive may be monitored?
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