1 Day
Source:
The Fiscal Times
Hospitals demand upfront payments amid rising patient costs
A patient encountered unexpected challenges when visiting Mayo Clinic for treatment, as he was required to make a $5,000 preservice deposit despite being told the clinic accepted his insurance. Mayo later clarified it does not accept his out-of-network plan, and the patient subsequently filed a legal complaint, ultimately winning damages. The incident highlights a broader trend of hospitals requesting upfront payments, especially as rising deductibles and out-of-pocket costs limit patients' ability to pay. Experts warn that such practices are increasing and could affect access to care amid ongoing shifts in healthcare finance.
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