The inquest will examine the incentives for these health care providers receive for promoting and endorsing credit cards. Cuomo said that most complaints concern the cost of high interest and overload. In addition, many experts believe that medical professionals should "t be acting as financing agents, because it is clear conflicting interests.
So far, ten vendors that promote and support GE Money 's CareCredit card were subpoenaed and medical associations endorsing the map, such as the American Society of Plastic Surgeons and the American Dental Association, were invited to explain what involvement they have. Subpoenas have also been issued Visa Health Benefits, Chase Health Advance and Citibank Health Card to investigate how their cards work.
card providers encourage patients to pay for uninsured various procedures with their credit card as cosmetic surgery, veterinary and dental procedures instead of paying with cash.
health care credit cards are not a form of insurance and possibly consumers pay more for services with high interest rates. Consumers are invited to purchase a dental insurance, pet insurance and medical insurance before coverage is needed.
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