#42: It Pays to Have Cash
Here’s a job secret that not many people know about. A hospital employee shared that paying all cash for outpatient tests can really pay off. For whatever reason, hospitals give discounts to people who pay their bills upfront and out of pocket. This person confessed that they’d seen hundreds of dollars of difference between insurance-covered bills and all cash payments.
The healthcare system is truly wild. If you can afford to pay for an outpatient test in all cash, it could save you some serious dough. Then again, who has the cash on hand to spend $400 on an x-ray? Not everyone, that’s for sure. Sometimes, people have to go through their insurance to afford basic healthcare.