Topic: Cash Discount

1 chapters across the catalog

Kinetic Kill
Episode 872 28:34 - 33:34

872: Kinetic Kill

Cash Payment Strategies for Uninsured Hospital Visits

A discussion on the financial viability of remaining uninsured reveals that paying the IRS penalty is significantly cheaper than monthly premiums and high deductibles. One host explains a strategy of paying hospital bills in cash at "30 cents on the dollar," claiming that medical providers often accept lower payments to avoid negotiating with insurance companies. A personal anecdote regarding a $30,000 appendectomy bill illustrates the disparity between billed amounts and actual costs.