“When a patient offers their right to obtain benefits from their insurance, that assignment of benefits is in and of itself consideration in full, exchanged for services and treatment. An assignment of benefits is thus not a form of access to consideration, and rather, is the consideration itself. One might ask why a medical service provider would ever choose to accept an assignment of benefits in lieu of the right to bill a patient for 100%. ”
This is an excellent article and a must read:
Editor’s Note: This is a powerful weapon in the hands of the consumer. Could this be the “secret ingredient” and essential element of Non-PPO plans?