Improving access to healthcare does not always save money. In today’s health care industry, lawmakers want to increase quality, increase access and decrease spending all at the same time. But there will always be trade-offs among quality, access and cost. It may be possible to improve one or two of these categories, but not without the other taking a hit. The majority of the time, in order to get the best medical treatment, patients need to spend more, save longer or pay a high deductible. For many, the extra cost may be worthwhile and something that can benefit the patients overall health.
The problem is the affordability factor.
This is why a patient financing presence in medical offices is critical. More and more healthcare organizations are shifting to a model that requires up-front payment before healthcare services are scheduled. Patients have never had a greater need for help in paying for large, out-of-pocket healthcare expenses or meeting a high deductible before insurance starts paying.
At American Healthcare Lending, we are working with healthcare providers from many industries to “Make Healthcare Affordable.” Hospitals and healthcare providers can use our finance program to close the affordability gap for their patients. The healthcare financing industry has been flooded with high-interest credit cards that may help patients pay for the treatment they need, but often end up causing more harm than good. We offer healthy, simple interest loans with no prepayment penalties, no retroactive interest, longer terms for lower monthly payments, and an inquiry process that will only take minutes for the patient complete.