What Is the Best Way to Address a Client's Potential

question 25

Multiple Choice

What is the best way to address a client's potential financial difficulties in paying for veterinary services?

• A) Say, "How will you be paying for today's visit? We accept cash, checks, and credit cards."
• B) Provide an estimate before the client consents to treatment.
• C) Give the client the bill at the end of the visit and do not offend him or her by inquiring about money beforehand.
• D) Insist on full payment before an examination is initiated.

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Definitions:

Qualified Expenses

Expenses that meet the requirements set forth by tax laws or other governing bodies for eligibility for tax benefits or educational purposes.

Employer Reimbursements

Payments made by an employer to an employee to cover expenses incurred on behalf of the employer, which can be taxable or nontaxable to the employee depending on the type of expense and accounting method used.

Retirement Savings

Funds that have been set aside or invested with the goal of providing financial security for retirement.

Contributions Credit

Contributions credit generally refers to tax credits available for contributions to certain types of saving plans or charitable organizations.