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How To Charge For Aged Claims Recovery?

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jyoung65:
Is there a certain percentage to charged for aged claims recovery, for claims that are 30, 60, 90, 120, and over 120 days?

Michele:
The problem with aged claims recovery is that it's harder to collect.  % billing is not the most desirable way to charge and with aged claims recovery it is even worse.  Many claims will be uncollectable and with % that means - No Pay For Your Time.  So, I would recommend that you consider charging a flat fee or hourly rate for that type of work.

Michele

jyoung65:
Thanks!

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