Which Collection Technique Is Used as a Last Resort in the Collection

question 19

Multiple Choice

Which collection technique is used as a last resort in the collection of unpaid balances?

• A)Payment at the time of service
• B)Stickers on billing statements  
• C)Telephone call reminders
• D)Sending to collection agency

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Definitions:

Elective Surgical Procedure

A non-emergency surgery that is planned in advance, not necessarily for life-saving or emergency purposes.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product in demand, leading to a stable market condition.

Deductible

In insurance, it is the amount paid out of pocket by the policyholder before an insurance provider will pay any expenses.

Health Care Demanded

Refers to the quantity of health care services that individuals are willing and able to purchase at a given price.