Tips to Get a Payment Without Waiting Too Long
With the ever rising cost of health care in the country up to today, many people are finding themselves under insured or not insured at all.
When accidents or an unforeseen occurrence happens they find themselves unable to get the emergency treatment that they require.
Personal injury liens (PIL) will solve all these problems at a stroke.
Also adding to the cost of treatments will be the way that medical accounts receivable are handled and this too is a growing problem.
Most healthcare providers are now a bit wary of offering treatment to those with a PLI.
The problem is that they will sometimes have to wait for several years to get paid for what they did some time back.
Court cases take an inordinate amount of time to be settled and if the majority of their business is done this way then it is easy to see that the business could easily sink under the weight of unpaid or pending bills.
Third party companies have now decided to take up this slack by offering a service to pay for any treatment that is given within thirty days.
They are really a one stop shop for the provider to tell all their problems too and they normally guarantee to pay the bill within thirty days, no questions asked.
What they then do is to pursuer the outstanding amount from the insurance company even if it takes several years.
If the damage caused is the subject of a failed court case, then this third party company will take the risk and lose the whole amount themselves.
Of course, they charge a fee for this but what it does is to open up the availability of patients to providers who would not normally take this kind of risky business.
The patient wins because they get the treatment they need right up front with no cost to them and in good time to prevent further damage from the said injury.
The provider wins because they can offer their services to a wider client base knowing full well that they will be paid without fail in thirty days.
The provider also wins in that surgeons and doctors are far more willing to use their facilities if they know that this kind of scheme is in operation because they will also get paid in thirty days.
This third party then buys up all the business connected to this type of funding and does all the work connected to it.
They take it upon themselves to do all the debt collecting and take the risk of losing should the payments not be forthcoming for one reason or another.
Because of this the provider can actually take on a lot more work which will include those who have been the victim of dog bites, automobile accidents or even those who have had implants put in.
Defective products which cause damage are also covered along with some other damage claims that do not normally attract any provider or instill confidence either.
When accidents or an unforeseen occurrence happens they find themselves unable to get the emergency treatment that they require.
Personal injury liens (PIL) will solve all these problems at a stroke.
Also adding to the cost of treatments will be the way that medical accounts receivable are handled and this too is a growing problem.
Most healthcare providers are now a bit wary of offering treatment to those with a PLI.
The problem is that they will sometimes have to wait for several years to get paid for what they did some time back.
Court cases take an inordinate amount of time to be settled and if the majority of their business is done this way then it is easy to see that the business could easily sink under the weight of unpaid or pending bills.
Third party companies have now decided to take up this slack by offering a service to pay for any treatment that is given within thirty days.
They are really a one stop shop for the provider to tell all their problems too and they normally guarantee to pay the bill within thirty days, no questions asked.
What they then do is to pursuer the outstanding amount from the insurance company even if it takes several years.
If the damage caused is the subject of a failed court case, then this third party company will take the risk and lose the whole amount themselves.
Of course, they charge a fee for this but what it does is to open up the availability of patients to providers who would not normally take this kind of risky business.
The patient wins because they get the treatment they need right up front with no cost to them and in good time to prevent further damage from the said injury.
The provider wins because they can offer their services to a wider client base knowing full well that they will be paid without fail in thirty days.
The provider also wins in that surgeons and doctors are far more willing to use their facilities if they know that this kind of scheme is in operation because they will also get paid in thirty days.
This third party then buys up all the business connected to this type of funding and does all the work connected to it.
They take it upon themselves to do all the debt collecting and take the risk of losing should the payments not be forthcoming for one reason or another.
Because of this the provider can actually take on a lot more work which will include those who have been the victim of dog bites, automobile accidents or even those who have had implants put in.
Defective products which cause damage are also covered along with some other damage claims that do not normally attract any provider or instill confidence either.