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VisitIncrease in credit card defaults due to upfront medical payments by end of 2024?
Yes • 50%
No • 50%
Financial news reports or economic studies
U.S. Hospitals Require $2,000 Upfront at Merritt Island for Surgeries
May 9, 2024, 10:31 PM
A growing trend among hospitals and surgery centers across the United States is the requirement for patients to pay upfront for medical treatments, including surgeries and other procedures. This policy is forcing many Americans, like Heather Miconi, to scramble for funds to cover the costs of essential health services. Miconi is currently trying to gather $2,000 for her daughter's adenoid and tonsil surgery at Merritt Island Surgery Center in Florida, as she has been told the procedure will be delayed without upfront payment. Nearly a quarter of patient payments to hospitals are now made before treatment, impacting even pregnant patients. The Wall Street Journal highlights that this practice aims to avoid the difficulties of collecting payments after treatments but has raised concerns about access to necessary medical care. Hospitals are also not accepting checks, only credit card payments.
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More flexible payment options • 33%
More stringent payment policies • 33%
Introduction of new financing options • 33%
No change in policy • 33%
Increase in upfront payment requirements • 33%
Decrease in upfront payment requirements • 33%