Health insurer offering new medical payment option
Patient Financial Services Weekly Advisor, August 15, 2008
Patients having trouble with rising healthcare costs have a new payment option in the form of a six-month, interest-free credit card, the Akron Beacon Journal reports.
The credit card, linked to employees’ paychecks for automatic payroll deductions, is being offered to enrollees of Cleveland-based Medical Mutual of Ohio. Participating companies must have at least 100 employees.
The health insurer decided to offer the card because more employers are choosing health plans with higher employee costs, Aaron Graham, the director of product development for Medical Mutual, said in the Akron Beacon Journal report.
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