Healthcare Insurance Receivables and Accounts as Collateral — A Plain English Explanation for Lenders
With certain precautions, a secured lender can include healthcare insurance receivables and accounts as collateral for a loan. In general, private healthcare insurance receivables are treated in the same manner as other accounts under the UCC while collateralizing government healthcare accounts is more risky due to federal anti-assignment provisions. With the aid of plain English, three Winstead attorneys shed light on the issues and differences.
July 29, 2010
deposit account | deposit accounts
Rita Garwood