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    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #1

    May 8, 2013, 08:27 AM
    Prosthetic payment plans for patients
    I am a biller at a prosthetic company. I would like to be fair and reasonable with our patients. What do you think is a fair monthly payment for medical bills. Let

    1000-5000
    6000-10000
    11000-15000
    16000-20000
    Any ideas lout there for you medical billers and or patients?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    May 8, 2013, 08:29 AM
    What? The company determines monthly payments based on what strangers on the Internet think, not what insurance allows, not profit/loss figures?
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #3

    May 8, 2013, 08:29 AM
    Are you talking about patients who have no insurance or Medicare coverage?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    May 8, 2013, 08:30 AM
    I would think if people don't have $20, then $20 is too high a monthly fee - let alone in the thousands of dollars. I don't see a blanket, one size fits all, answer.
    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #5

    May 8, 2013, 08:31 AM
    OK this is not the message I wanted to post I had another one, but same idea.. More like
    500-1,000
    1,001-5,000
    5,001-10,000
    10,001-15,000
    15,001-20000
    Keep in mind we would like to be fair to patient as well as clinic. Do not want it to take a lot of years to pay back either.
    Thanks in advanced for all the ideas.
    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #6

    May 8, 2013, 08:33 AM
    Quote Originally Posted by JudyKayTee View Post
    What? The company determines monthly payments based on what strangers on the Internet think, not what insurance allows, not profit/loss figures?
    No, I am talking about after the insurance pays and the balance that the patient has to pay. We are trying to be accommodating to patients and respect their opinions. Would think that is a good thing
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #7

    May 8, 2013, 08:34 AM
    I would think it would be up to the company and each patient as to repayment, taking into account insurance or Medicare coverage plus the patient's financial circumstances.
    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #8

    May 8, 2013, 08:34 AM
    Quote Originally Posted by Wondergirl View Post
    Are you talking about patients who have no insurance or Medicare coverage?
    Both, some patients do not have insurance, some patients have it and after the ins pays
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #9

    May 8, 2013, 08:35 AM
    How much do prostheses cost? Do any patients pay out of pocket for the total cost?
    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #10

    May 8, 2013, 08:36 AM
    Quote Originally Posted by Wondergirl View Post
    I would think it would be up to the company and each patient as to repayment, taking into account insurance or Medicare coverage plus the patient's financial circumstances.
    Indeed it is up to both us and patient. Just curious if anyone had any opinions, if they are in the same situation
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    fitzmonkey Posts: 16, Reputation: 1
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    #11

    May 8, 2013, 08:38 AM
    Quote Originally Posted by Wondergirl View Post
    How much do prostheses cost? Do any patients pay out of pocket for the total cost?
    yes some do, makes me sad that they have no insuarance. Prices are variable. That is why I put up a fee schedule for some ideas
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    Wondergirl Posts: 39,354, Reputation: 5431
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    #12

    May 8, 2013, 08:39 AM
    I can't imagine most people would shell out thousands of dollars per month in repayment. It would be an easy-payment plan for years if they don't have insurance or Medicare. Certainly Medicaid would become a factor.

    Are you designing a bill payment form?
    fitzmonkey's Avatar
    fitzmonkey Posts: 16, Reputation: 1
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    #13

    May 8, 2013, 08:43 AM
    Quote Originally Posted by Wondergirl View Post
    I can't imagine most people would shell out thousands of dollars per month in repayment. It would be an easy-payment plan for years if they don't have insurance or Medicare. Certainly Medicaid would become a factor.

    Are you designing a bill payment form?
    I was thinking about it, yes. I would never ask for thousands per month, just reasonable. I know thius is a hard one. Thanks for all the help though
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #14

    May 8, 2013, 08:46 AM
    Quote Originally Posted by fitzmonkey View Post
    I was thinking about it, yes. I would never ask for thousands per month, just reasonable. I know thius is a hard one. Thanks for all the help though
    I would give a total amount due, then suggest a percentage per month with the added suggestion that the monthly payback amount is negotiable and please call to talk with us. Certainly you work with uninsured patients regarding Medicaid and local/national charities that may be able to help.

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