Definition

An amount that the provider does not expect to collect, reducing your bill. It is noted on your statement as a reduction in charges.

What to consider

  • Confirm the payment amount is correctly posted.
  • Match posted payments with your bank records.
  • Report any delays or errors immediately.

Real world scenarios

  • After making an online payment, Carlos saw the payment posting on his billing portal.
  • A check payment from Emily was posted to her account within two business days.
  • John verified that his payment posting matched his bank statement.

Related terms

Healthcare