USC Schaeffer Center study finds few hospitals promoting potentially predatory medical payment products
Fifty million Americans are on a financing plan to pay off medical or dental bills, with one-quarter of those bearing some interest. Increasingly, medical payment products (MPPs) – which include credit cards and loans administered by hospitals, physician practices, or third-party companies – have come under scrutiny by the Consumer Financial Protections Bureau, U.S. Department of Health & Human Services and the Treasury.
The agencies’ concern is that the products may be sidestepping a broad range of patient and consumer protections and inflating ...








