Medical Articles & News

How Medical Debt Can Impact Your Health

January 5, 2023 by Christopher Wolfington
Tags: Healthcare Consumer Experience, Medical Debt

Each year, millions of Americans find themselves in a precarious financial situation due to medical debt. From rising healthcare costs to limited insurance coverage, it can be difficult for patients to stay afloat when faced with mounting medical bills. However, the implications of medical debt impact not only the financial health of Americans but their physical and mental health as well. The entire U.S. healthcare system is adversely affected by the rising medical debt of Americans, and it is imperative to know what you can do to avoid or manage this type of debt.

FinPay offers payment solutions to help ease the uncertainty and stress of medical bills. Contact info@finpay.com to learn more about how our automated pre-care engagement can help you and your family avoid the negative consequences of medical debt.

Read More

What to Do If I Can't Pay My Medical Bills?

January 4, 2023 by Christopher Wolfington
Tags: Healthcare Consumer Experience, Medical Debt

For many Americans, the cost of healthcare can be paralyzing. Unknown costs, unexpected charges, and the general complexity and ambiguity surrounding healthcare insurance coverage and billing can place families in bankruptcy or cause them to forego needed treatment out of fear of financial ruin. Knowing what to do if you can't pay medical bills is essential for patients. There are options available, but you want to research them and understand them before you need them.

For Americans with health insurance, usually offered through an employer, there is some financial security for medical costs. However, most people are never quite certain exactly what services are covered or how much the insurance company will pay, so economic uncertainty exists, even for those with insurance. The uncertainty is even greater for millions of Americans who are on Medicare, Medicaid, or uninsured.

FinPay offers automated payment solutions through pre-care engagement. A patient-focused system built on transparency and education makes the patient financial experience much less volatile. Contact FinPay at info@finpay.com.

Read More

Understanding the Medical Debt Crisis in the U.S.

November 30, 2022 by Christopher Wolfington
Tags: Payment, Healthcare Consumer Experience, Medical Debt

 

Read More