Spectrum Health announced the introduction of an alternative payment program providing patients and families an additional option for paying medical bills. Spectrum Health has partnered with Commerce Bank to offer Health Services Financing (HSF®), a program that allows patients to pay their out-of-pocket balances over time with no interest.
With high deductible insurance plans on the rise and consumers paying a greater percentage of out-of-pocket health care costs, Spectrum Health wants to help patients make health care decisions with less worry about the repayment for their care.
Based on the patient’s needs and outstanding balances, Spectrum Health can offer extended payment arrangements up to 60 months interest-free.
This is more important now than ever due to the COVID outbreak; patients need greater options to pay their out of pocket expenses.
Patients and families are eligible for HSF® regardless of whether they have insurance, and without requiring a credit check. There are no set-up fees, charges, or penalties for early payoffs; patients can consolidate charges to one account with one monthly payment.
For additional information about the HSF® program, contact the Spectrum Health business office at (833) 261-4563.