Affirm for Medical Bills: Financial Assistance and Protection

Affirm for Medical Bills can be a lifesaver for those facing unexpected medical expenses. You can use Affirm to pay for medical bills over time, with interest rates as low as 0% for 6 or 12 months.

Affirm offers a range of payment plans that can be customized to fit your budget. For example, you can choose to pay a fixed amount each month, with the option to pay off the balance early without any prepayment penalties.

Having a clear understanding of your medical bills and payment options is crucial. By using Affirm for medical bills, you can avoid going into debt or accumulating high-interest credit card balances.

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Hospitals should help uninsured patients identify potential sources of public and private coverage.

If you're uninsured, don't worry, hospitals are there to assist you. They should help you find out if you're eligible for any public or private coverage.

Hospitals should assist uninsured patients with submitting an application for coverage, or direct patients to other services and supports that can help them get enrolled.

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This means they'll walk you through the process, or point you in the right direction, so you can get the coverage you need.

Here are some ways hospitals can help:

Financial Assistance is a crucial aspect of affording medical bills. Hospitals are required to have a reasonable and compassionate policy that governs free care for patients with limited means, defined as those below 200% of the federal poverty limit.

Patients with limited means may also be eligible for a discount on their medical bills. This discount is typically applied when billing patients who don't have insurance or have limited financial resources.

Hospitals must apply their financial assistance policies consistently and fairly, without regard to a patient's race, ethnicity, gender, religion, or any other factor. This ensures that all patients are treated equally and have access to the care they need.

Here are some key details about hospital financial assistance policies:

At Affirm, we believe that financial barriers should never stand in the way of accessing the care you need. The company subsidizes 100% of the cost of your medical, dental, and vision plans.

You'll pay no contributions towards these plans, regardless of whether you're covering just yourself or your entire family. This means you can focus on what matters most, without worrying about the cost of healthcare.

Whether you're a single person or a family of four, the cost of medical, dental, and vision plans is completely covered by Affirm.

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Providing financial assistance to patients is a crucial aspect of a hospital's operations. Hospitals should create and adhere to a reasonable and compassionate policy that governs free care for patients with limited means, as defined by income below 200% of the federal poverty limit (FPL).

This policy should also consider the level of assets appropriate for the community. For example, if you're a patient who earns below 200% of the FPL, you may be eligible for free care.

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Hospitals should also create and adhere to a reasonable and compassionate policy that governs payment obligations for other patients of limited means. This policy should consider a percentage of income and assets, or percentage of the FPL, as appropriate for the community.

Regardless of insurance status, patients of limited means should receive a reasonable discount when billing. This discount should be applied consistently and fairly, without regard to factors like race, ethnicity, gender, or religion.

Here's a breakdown of the financial assistance policies that hospitals should adhere to: