Picking up Nickels

Monday, January 22, 2007

Do you pay medical bills with credit cards?

There's an interesting article at Boston.com today about the increasing use of credit cards to pay medical bills:

Patients piling medical costs on credit cards

I've seen my health care premiums increase by more than 50% over the past five years, and often wonder how the average family is able to handle the annual double digit increase in health care costs. Sadly, it appears that many low and middle income people are forced to shift these expenses to their credit cards.

I've read several reports that President Bush will start to push for tax incentives to help make health insurance more affordable during his State of the Union speech tonight. That at least seems to be an admission that the United States has a growing healthcare problem on its hands, but is that enough?

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