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Cut Health Care Costs: Pay Now, Pay Cash

This is part of a series taking a look at CNN Money’s Fifty Ways To Cut Your Health-Care Costs and this is the third tip in the series. Again, related to the first tip of negotiating your health care bill [3], this tip recommends paying up front, in case in order to get them to slash the bill some more. Pam Deloney of the American Private Physicians Association believes that by paying in advance and in cash, you can usually negotiate your bill 10% lower because they won’t have to spend the time and the money on the collection side. They estimate that doctors lose thousands on unpaid bills and credit card processing fees – so cash can usually save you some money.

Source: CNN Money [4]