Thursday, March 13, 2008

Financing Health Care (pfblogs.org)

So, had my initial follow-up with the orthopedic surgeon and, while going over some paperwork with his staff, noticed this brochure in a handy rack on the desk:"We offer No Interest Payment Plans..."Given that I don't know yet the final cost of all the medicine that was (and continues to be) committed upon me, I was curious about non-insurance options in these circumstances. Credit cards and home equity loans are popular and well-known choices, but this alternative intrigued me, and seemed to be interesting blog-fodder.On a consumer bulletin board that Bob and I frequent, we often see posts by folks looking for ways to trim and/or manage large health care bills. It makes sense that a surgeon's office would have this kind of option available; perhaps other big-ticket providers offer similar plans. I'd be very interested in IB readers' experiences with such a plan (a note in the comments, perhaps, or an email).Regular reader Rick B alerted me some time ago to one carrier's financing option, as well. This "CareCredit" plan offers two alternatives: a kind of "90 days same as cash" deal, and an extended version which offers discounted interest rates (although discounted from what is not entirely clear). ...