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?