Monday, October 14, 2013

Financing Of Uncovered Medical Expenses by Credit Cards, Lines of Credit Threatens Some With Heavy Burdens

Patients Mired In Costly Credit From Doctors by Jessica Silver-Greenberg.  The New York Times.  October 13, 2013.

(1)  Credit cards and lines of credit for uncovered  medical costs are proliferating as Americans often face large out-of-pocket expenses for basic care that is not covered by ____________________.

(2)  Under these types of financial arrangements providers are paid ___________.

(3)  These cards and credit lines typically charge_________ for a promotional period but if the amount is not paid in that time rates usually ____________ kick in, rates which often are ____________.

(4)  Credit cards of all type are playing a growing role in financing health care with $__________ charged to health care costs in 2010.

(5)  The industry is being driven by people seeking ____________ and devices like_____________, which are not covered by Medicare.

(6)  Some companies offer credit cards without checking _______________.

(7)  Some critics of these financing methods combined with no industrywide standards for pricing care could result in _________________________.


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