Paytient Partners with ACAP for Enhanced Healthcare Access
Paytient Partners with ACAP for Enhanced Healthcare Access
Aligning to Improve Healthcare Affordability and Outcomes for Safety Net Plan Members
Paytient, a pioneering healthcare payments company, has been designated as a Preferred Vendor by the Association for Community Affiliated Plans (ACAP). This notable partnership aligns both organizations in a commitment to enhancing healthcare access and affordability for individuals who rely on safety net health plans.
ACAP, representing a network of 84 health plans, provides coverage to over 30 million individuals across Medicaid, Medicare, and Marketplace insurance programs. Many of these individuals encounter significant barriers due to financial constraints, which can deter them from seeking necessary medical, dental, or pharmacy care. The partnership seeks to tackle these issues head-on.
Paytient’s innovative payment solutions allow members to manage their out-of-pocket healthcare expenses over time, providing installments that are free from interest or fees. This approach alleviates the financial burden that frequently prevents patients from obtaining timely care, thereby improving adherence to medical advice and prescriptions.
"Our mission is deeply rooted in enhancing health and well-being for those with low incomes or significant healthcare needs," noted Margaret A. Murray, CEO of ACAP. She emphasized the critical nature of addressing out-of-pocket costs, which are major obstacles for the populations served by ACAP member plans. By utilizing Paytient’s services, health plans can innovate their offerings to mitigate these challenges.
This collaboration enables ACAP plans to utilize Paytient's solution to enhance member benefits, working toward reducing the negative repercussions of cost-related care avoidance. The idea is to transform healthcare coverage into real-life access to necessary services for all members.
Brian Whorley, founder and CEO of Paytient, shared his thoughts on the partnership saying, "We founded Paytient with the belief that everyone should access healthcare without financial strain. The recognition as a Preferred Vendor with ACAP serves as validation of our mission. We are eager to collaborate with ACAP plans to promote financial stability for members and to improve health outcomes through manageable healthcare expenses."
Those interested in Paytient’s offerings and how it can benefit ACAP member plans are encouraged to reach out for more information about potential solutions.
About Paytient
Paytient is dedicated to transforming how individuals in America access and afford healthcare. Through its employer or health plan - embedded payment solutions, members can easily address out-of-pocket medical, dental, vision, pharmacy, and even veterinary expenses.
About the Association for Community Affiliated Plans (ACAP)
ACAP represents a coalition of 84 health plans that provide health coverage to over 30 million individuals. These Safety Net Health Plans assist their members through Medicaid, Medicare, the Children’s Health Insurance Program (CHIP), the Marketplace, and various other publicly-funded health programs. For additional information about ACAP, please visit their website.
Frequently Asked Questions
What is the purpose of Paytient's partnership with ACAP?
The partnership aims to improve healthcare affordability and access for populations served by ACAP member plans.
How does Paytient assist members financially?
Paytient enables members to manage healthcare costs over time with no interest or fees, easing the burden of out-of-pocket expenses.
Who benefits from the solutions provided by Paytient?
Individuals relying on safety net health plans, particularly those with low income or complex health needs, will significantly benefit.
What is ACAP's mission?
ACAP is dedicated to enhancing health and well-being for individuals served by its member health plans, focusing on those with low incomes.
How many member plans does ACAP have?
ACAP represents 84 member plans that together cover more than 30 million individuals across various healthcare programs.
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