The Healthcare Landscape & Out of Pocket Costs

As healthcare expenses continue to shift to consumers, you may have experienced increasing out-of-pocket costs. Whether it’s routine care or an emergency, it can be stressful to balance rising self-pay amounts with the rest of your budget. Many health insurance plans now include high deductibles, copays and coinsurance, which you have to pay out-of-pocket before your insurance will cover the cost of care.

The statistics on rising deductibles and copays reveal how rapidly the costs are rising — and how many people like you are being affected. Increasing healthcare costs mean you may receive a bill from your provider that is higher than you expected. When you suddenly have to consider a medical bill as part of your budget, it can make it difficult to manage your other out of pocket expenses.

A healthcare credit card like CareCredit is one way to help pay for unanticipated doctor bills and increasing out-of-pocket costs. It can help you always be prepared for multiple treatments, office visits or emergencies. You’ll have the flexibility you need to manage your healthcare expenses in an ever-changing landscape.

Another added benefit is CareCredit’s Pay My Provider, a secure online portal where you can pay healthcare bills with your CareCredit credit card after you leave your provider’s office. Choose a special financing option** on purchases of $200 or more, and pay over time with affordable monthly payments. It’s just one more way to help take the stress out of fitting healthcare into your budget.

*Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 2006-2015.
**Subject to credit approval. Minimum monthly payments required. See for details.

This content is subject to change without notice and offered for informational use only. You are urged to consult with your individual business, financial, legal, tax and/or other advisors [and/or medical providers] with respect to any information presented. CareCredit, Synchrony and any of its affiliates (collectively, “Synchrony”) make no representations or warranties regarding this content and accept no liability for any loss or harm arising from the use of the information provided. Your receipt of this material constitutes your acceptance of these terms and conditions.


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