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Can a private physician charge interest on a medical bill not through a collection agency?
yes. When a patient signs in with the office, the financial policy outlining all financial transactions between the patient and physician will be given to the patient to read and sign. My question is, why wouldn't the doctor be able to charge interest since a patient who takes an extended time to pay their bill is essentially using the physician's financial resources for free.
Can you charge interest on interest in the sate of MA Someone is sending me a bill with an interest charge on it and now theyre charging interest on the interest Is this possible or even legal?
no, its called usury and its illegal
Report an unpaid bill to credit bureau?
How do I report an unpaid bill to a credit bureau?
When insurance pays provider the allowed amount can provider bill patient for the discounted amount?
Only if the physician is a non-participating provider who does not accept assignment. The physician can bill the patient the difference between the actual charge and the allowable charge. This is called "balance billing".
Can a dentist charge interest on an unpaid bill without any kind of judgment and the ower is now making payments?
I've been doing research and have found that by law they're not supposed to start charging interest until the account has been delinquent for at least 60 days. The amount of interest must, by law, not exceed $5 per $100.
Are you legally obligated to pay your bill in full at a vets or can you pay it overtime Can the vet legally charge you interest?
You are legally obligated to pay your entire bill. If the vet allows you to pay it over time, they can charge interest.
When does an unpaid medical bill start to have a negative effect on your credit rating?
Your unpaid medical bills will not be reported to credit bureaus until sent to a collection agency. As long as they remain with the provider, the unpaid balance is just that, an unpaid balance. However, some interest rates may apply, depending on the state that you are in, so that balance could change.
Can a physician charge you for a copy of your medical records or charge you if even if you have not paid your bill?
A physician cannot charge you to take your records from the office. Those are YOUR property and you should have them as soon as you request them. Having not paid your bill is a sort of gray area, as they are still yours, but they are a part of the service for which you are being charged, and have not paid for. Has your physician denied you your records? If so I would be even more likely to take them and find another physician. A physician who is keeping your records may be hiding something that you would find disagreeable. If the physician will not give them to you the best idea would be to consult a medical mal-practice lawyer.
Can your dentist charge interest fee on your bill every month if you continue to pay him monthly?
yes he will that is what mine does
Why do you discount a bill with a bank before it mature?
since the bill of exchange is a negotiable instrument, the holder of a bill can sell it to a bank, whenever should be stand in need of money before its due date. This is called discounting the bill. The discounting charge made by the bank is the interest on the amount of the bill for the unexpired period of the bill. Such charge is known as banker's discount. It is calculated at a certain rate of interest per Annam on the amount of the bill for the unexpired period.
How long does it take an unpaid bill to come off your credit?
Charge offs and most other defaulted debts are expunged (or should be) from a credit report seven years after the DLA.
Can an unpaid medical bill affect your credit?
yes
