Just like paying upfront for a discount on a car, paying upfront for your healthcare can mean you pay much less. In many cases, you can save thousands of dollars on procedures or services just by paying on the day of service.
Through our SmartPay program, MotivHealth partners with specific providers and facilities to offer a discounted rate for certain planned medical procedures when the patient pays in advance or on the day of service. Simply put, it’s a way for you to pay less for the care you need.
Why is it cheaper if I pay ahead or on the day of service?
There’re a few reasons why paying in advance or on the day of service can cost less. For one, a simplified, predetermined price is more transparent than waiting months for multiple billing parties to add up unclear costs. It saves a lot of money when companies don’t have to ‘chase the check’ through collections for months. Same-day discounts also make good economic sense for both the provider and the patient, cutting an average of 25% necessary to process invoices.
Should I be concerned about quality?
When you’re used to overpaying for medical care, it may be concerning to pay much less for a procedure or service. You might wonder, “Should I just pay more and go somewhere better?”
The answer? No. Think about price-matching. Let’s say you’re looking to buy a new TV for your living room. You do some online searching and find that the cool flatscreen you want is $5,000 at Best Buy but $3,500 at Walmart. So, what do you do next? You go to Walmart, not Best Buy.
It’s the same TV, but one store charges a significantly higher price. The same goes for healthcare. You can still get the same quality service, the same quality procedure, by the same quality doctors at a significantly cheaper price. Why? Because the cost of care is determined by facility, not quality.
How much can I save with SmartPay?
Savings vary depending on the procedure. For example, members who choose SmartPay for a baby delivery may get $750 in savings. For an MRI, members will generally save $250. For a knee replacement, we provide $3,000 in savings. Typically, members with a Prompt Pay eligible procedure can save between $250 – $3,000 in reduced out-of-pocket costs.
How to Participate
Like any of our member programs, it’s simple. Just give us a call before your procedure, and we’ll help you identify a Smart Pay eligible provider. We’ll also let you know your out-of-pocket responsibility and your potential savings. We’ll even schedule the appointment for you and follow up with you when the date of the procedure approaches.