Medical credit cards…
Have you heard about these things?
They’re designed for those elective procedures not covered by health insurance or Medicaid. It might even be a procedure you don’t even really need, such as laser eye surgery, or cosmetic dentistry. A facelift.
You may not have the money for it. And you may not have the room on your existing credit cards. But now you can apply for a medical credit card issued by a number of providers with the express use of funding medical procedures.
But buyer beware…
As a recent article in The New York Times points out, medical credit cards can dig you into an even deeper financial hole if you’re not careful. The other problem, according to the November 26th issue of Patient Money in The New York Times, is that such cards have been designed, Read the rest of this entry »