High deductible health plans with health savings accounts (HSAs) are an increasingly common feature among American healthcare consumers, according to data from the Bureau of Labor Statistics. In 2017, roughly 20 percent of Americans had such plans. As of 2019, the last year data is available,...
People are avoiding medical care over cost, and it’s literally killing them. A simple visit to a primary care physician (PCP) starts at $25 depending on one’s insurance. Those in need of a specialist are often looking at closer to $60 per visit. An urgent...
Behavioral healthcare has been underserved during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
The idea of spreading payments over time is not new in healthcare — certain practitioners, such as orthodontists, have successfully offered buy now, pay later (BNPL)-like plans for 20 years. But the idea has not been widely adopted across the healthcare industry. That is starting...
Going to the pharmacy is something of a singular experience in American retail life. The reason for that is simple. Usually, the consumer has no idea what the cash register is going to tell them. There is almost no such thing as looking at a...
Paying for healthcare is a unique experience for many reasons. But at the top is the fact that for the majority of patients, price is never something they are quite clear on until long after they’ve had the service and it comes time to pay...
A new startup, Truveta, is looking to improve healthcare for patients and care facilities in 40 states in relation to the pandemic through the use of anonymous data from patients, a company blog post written by ex-Microsoft exec Terry Myerson stated. Get the Full Story...
FinTech startup PayZen said it has raised more than $5 million in seed financing. In a press release, PayZen said the company “was incubated with Viola Ventures in 2019, with more recent investments coming from Picus Capital, TWO39 Ventures and others.” Get the Full Story...
The Super Bowl had its share of expected commercials — the touching, the silly, the nostalgic and the celebrity-laden. But genuinely surprising ads are harder to come by, simply because when it comes to advertising the big game, consumers have seen it all. Get the...
