Are we allowed to charge delinquent patients rebilling fees or interest? If so, can you cite the law that makes this clear?
Question: Are we allowed to charge delinquent patients rebilling fees or interest? If so, can you cite the law that makes this clear?
Answer: The Truth-in-Lending laws, or Regulation Z, allow for rebilling and interest charges.
Here's a link to the regulation: www.fdic.gov/regulations/laws/rules/6500-1600.html#6500226.5.