With increasingly unaffordable healthcare costs, higher deductible health plans, and confusing medical billing statements, Americans are simply turning away from healthcare. This article will discuss how healthcare affordability and care avoidance are closely linked and how both affect patients, employers, and providers. In addition, it will explain why even patients with insurance are in desperate need of a new financial payment model that addresses the burden of healthcare costs.
Digital tools are essential for delivering financial health products that can make a difference. But many lack the human touch which is what makes Addition Wealth so different.
Lenders’ delinquency strategy must be rooted in an “empathy-first” model to support customers in experiencing hardship. Customers in distress need support and resources, not shame.
The CEO and Co-Founder of PayZen, Itzik Cohen, takes about creating the operating system for healthcare affordability as medical debt continues to be a burden for a large percentage of the population.
In the Financial Health Network's recent report it was found economic conditions are "disproportionately" affecting vulnerable households.
A new Financial Health Network study shows a circular relationship between financial health and mental health.
Advances in embedded lending provide better options for consumers and higher sales with more certainty for merchants. It's a win-win.
The new Mighty Oak Visa debit card from Acorns has a solid foundation for success says a representative from long-time partner Helix by Q2. GM Ahon Sarkar said he’s not surprised by Acorns’ prosperity since the two companies first partnered seven years ago, which is an eternity in fintech.
Economic challenges in 2023 have impacted financial consumers, but not all demographics are affected equally.
Rising rates and inflation have caused employee financial stress to skyrocket. The partnership could ease some of the strain.