Sliding scale fees explained

Sliding scale fees are variable prices for products, services, or taxes based on a customer's ability to pay. Such fees are thereby reduced for those who have lower incomes, or alternatively, less money to spare after their personal expenses, regardless of income.[1] Sliding scale fees are a form of price discrimination or differential pricing.

A business or organization may have various motivations for pricing a product or service on a sliding scale. These may include the desire to be charitable to those less able to afford the product or service, their ability to get a tax deduction for offering their services as charity, their ability to benefit from the revenue even from a partial payment, their retention of a longtime customer/client, or referrals that such a customer/client may provide.

For example, healthcare providers sometimes offer a sliding scale of fees to patients.[2] Some child-adoption agencies collect legal fees (normally very expensive) on a sliding scale, so that couples across a wider range of incomes are able to adopt children.[3] Sliding-scale fees are also often charged by lawyers, places of worship, and for tuition at educational institutions.[4]

See also

Notes and References

  1. Web site: Taylor . C . The Economics of Sliding Scale Pricing . smallbusiness.chron.com . Small Business - Chron.com . 2 July 2021.
  2. Web site: Banton . Caroline . Reading Into Sliding Scale Fees . Investopedia . 2 July 2021 . en . 21 August 2019.
  3. http://www.pueblo.gsa.gov/cic_text/family/adoption/helpg.html Pueblo.gsa.gov
  4. Web site: Tickets without fees . Thursday, 24 August 2017