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Yep. Uninsured rates are set with the expectation that at best they'll get pennies on the dollar when they sell the debt to a collection agency.
by ralph84 5y ago
Yep. Uninsured rates are set with the expectation that at best they'll get pennies on the dollar when they sell the debt to a collection agency.
- panny 5y agoAnd if I pay it? Charging wildly inflated prices which were not disclosed before treatment is straight up fraud.
- ralph84 5y agoThen you've subsidized all of the people who don't pay. If you ask they'll almost certainly give you a discount for immediate payment since it's still more than they'd get from the collection agency.