The COVID-19 pandemic and the related U.S. recession have combined to make already-soaring healthcare costs even more of a crisis. But an increasing number of players are wondering if lowering healthcare costs might be less complicated than it seems. They aim to compete on price...
A new report from the Democratic Staff Committee has concluded that short-term healthcare plans are “dangerous” and “unregulated,” saying they would leave those who purchased them with thousands of dollars of debt. The report discusses Short Term Limited Duration Health Insurance (STLDI) plans, which are...
Flywire is looking to offer four scholarships to students from underrepresented areas or backgrounds studying medicine, global health and social justice, a press release from the vertical payments company says. The applications for the scholarships are available through July 31 for any undergraduate or graduate...
Pet care, no surprise, is big business. In the U.S. alone, pet owners spent $29 billion on veterinary care and product sales, as estimated by the American Pet Products Association. That tally includes routine vet care, surgical procedures and pharmaceuticals. And while all manner of...
Payments technology company InComm is expanding its offerings in the OTC benefits card business to include transportation for seniors needing a ride to the doctor’s office. The Atlanta-based payments company said Thursday (June 18) it is teaming up with American Logistics and Uber Health to...
The digitization of healthcare didn’t suddenly start with the coronavirus, as telehealth providers have been popping up for several years. But CEO Murray Brozinsky of virtual-care platform Conversa Health recently told PYMNTS that the pandemic has dramatically speeded things up. “This situation has really laid...
U.S. hospitals and doctors’ offices initially shut their doors for all but the most essential medical services early in the pandemic over fears of spreading COVID-19 to staffers or patients. But now a new problem is keeping patients away — an inability to pay following...
While many patients are avoiding office visits over fears they could catch COVID-19, doctors say the primary reason jobless Americans are staying away from healthcare providers is because they can’t afford to seek medical care, The New York Times reported. Kristina Hartman of Texas should...
There exists an uncomfortable intersection between the public service of healthcare and the pursuit of profit. We’re in the midst of another recession. As the economy reopens, many of us are gearing up to go back to the doctor, to get the tests and treatments...
