Save Big On Medical Bills

Save Big On Medical Bills

Sometimes, even a top-of-the-line health insurance plan isn’t enough to cover all of your medical bills. You might have a high-deductible, high-copay policy. Perhaps you needed a critical—but uncovered—test. Or you may have incurred some out-of-network expenses.

Now there’s an easier way to deal with those budget-busting expenses. It’s called AblePay Health, a no-cost service that can lower your bill and arrange a convenient payment plan.

AblePay, headquartered in Bethlehem, acts as a liaison between St. Luke’s and its individual members. “Traditionally, hospitals actually collect only 17-35 cents per dollar on those outstanding bills,” says John Fistner, AblePay’s founder and CEO. “By using our service, hospitals can improve their collection rate, so we can negotiate substantial discounts on behalf of our members. It’s a classic win-win situation.”

“We can help anyone facing higher deductibles and coinsurance,” Fistner adds. “AblePay Health offers varying discounts on our 1-, 3- or 6-payment plans; if you choose 12 payments, there is no discount – but we charge no interest.”

For example, if you faced a $1,000 deductible and paid it in full via AblePay, your bill would drop to $870 – and your deductible would be fully satisfied. Or you might choose to split that $1,000 into six monthly payments. AblePay could offer a 5% discount, and you’d make a half-dozen payments of $158.33 while satisfying your deductible.

AblePay Health can offer membership to large groups as well as to individuals who don’t have access through one of these avenues. And the idea is catching on rapidly. Fistner says AblePay Health expects membership to grow to 15,000 by the end of the year, and over 500 employers have come on board.


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