MDPromptPay Launches New Medical Expense Negotiation Service For Patients

June 27, 2012 - PRLog -- MDPromptPay.com recently launched its web-based medical expense negotiation service to help reduce medical debt looming over more than 72 million Americans.

MDPromptPay recognizes the need to reduce the country’s medical debt that is plaguing consumers across the nation. While government is making some headway with health care reform, unfortunately, there is very little a consumer can do to reduce their medical expense debt. As costs go up patients typically drop coverage completely, pick a low premium medical plan with high deductibles and coinsurance, or ration health care.  If they do need medical treatment and can’t make timely payment they get hounded by the provider’s bill collector. Patients brave enough to ask the provider for a discount soon realize how time consuming, tedious and stressful that request can be.

Using MDPromptPay to negotiate a medical bill expense on behalf of the patient saves the consumer time and stress. All the patient has to do is sign in, enter the billing statement information into the easy to use web based system, pay a small processing fee and MDPromptPay does the rest. MDPromptPay contacts the provider, negotiates a discount on behalf of the patient and the patient is notified of the negotiation status by e-mail notices through the entire negotiation process. MDPromptPay even produces a letter of agreement outlining the terms of the discount which is signed by the provider. Having a signed letter of agreement is essential to ensure that the discount is honored. If the provider later attempts to collect more than the agreed upon amount, the patient has a signed document in place that can be used to enforce the discount.

MDPromptPay is truly a medical industry “game changer” by using the same negotiation tactics reserved by the powerful insurance industry. It is the perfect alternative for people without insurance, people with limited benefit plans or for anyone who had a health service denied by the insurance company.

Visit http://www.mdpromptpay.com for more information.