An unexpected medical expense of even a few hundred dollars at one time to meet a deductible, co-pay or non-covered treatment can prevent your patient from receiving needed treatment.
We can help you with outsourced payment plan processing and financing plans that:
- Enable your patients to say “yes” to the medical treatment without seeking high-cost loans
- Avoid losing a patient who declines the treatment all together
- Ensures the doctor/patient relationship is not impacted by financing
- Provide the expertise and tools and let your employees focus on patient health.
It is no surprise that the costs of medical services continue to rise and the cost to patients has risen dramatically in recent years. In a recent study by the Kaiser Family Foundation, the average deductible for an employer sponsored plan increased 400% between 2006 and 2017, actual deductible payments covered by employees increased 229% and co-insurance payments rose 89% all while wages only rose 31%. The average deductible for people with employer-provided health coverage rose from $303 to $1,505 between 2006 and 2017.