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A Healthy Credit Score?? MedFICO

It just gets better and better. If you think Health Care is something everyone should have access to...or you are concerned about indigent care costs...or you think that Quality Health Care is a priviledge only for the priviledged...BE VERY CONCERNED because the credit agencies are being driven by medical care providers who want to complete the process of turning you into a statistic. The Dallas Morning News reports: Mortgage lenders aren't the only ones showing more interest in your credit score these days - the health industry is creating its own score to judge your ability to pay. The new medFICO score, being designed with the help of credit industry giant Fair Isaac Corp., could debut as early as this summer in some hospitals. Healthcare Analytics, a Waltham, Mass., health technology firm, is developing the score. It is backed by funding from Fair Isaac, of Minneapolis; Dallas-based Tenet Healthcare Corp.; and venture capital firm North Bridge Venture Partners, also based in Waltham. Each kicked in $10 million for the project. The score is already raising questions from consumer advocacy groups that fear it will be checked before patients are treated. People with low medical credit scores could receive lower-quality care than those with a healthy medFICO, they argue. Could? That implies the possibility that they won't. Of course they will. Because the health insurance industry only cares about making money. Because the health insurance industry believes that medical care is not supposed to about the medical or the care, but about squeezing the suffering for every last desperate dollar. If you can't pay, you die. Hyperbole?


 
 
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