Why is Healthcare Credit Solutions offering a co-branded credit card to health care organizations?
The growing popularity of consumer-driven health care products means consumers are bearing larger out-of-pocket health care costs than ever before. From 2000 to 2004, health care consumers out-of-pocket costs more than doubled. Meanwhile, the American Hospital Association estimates that hospitals provided $28.8 billion in uncompensated care in 2005, the latest year for which data are available. Healthcare Credit Solutions offers consumers a flexible, affordable way to pay for health care while earning rewards points to reduce future medical expenses.