FICO ALERT!
FICO ALERT!
It looks like lenders, landlords, insurance companies and employers aren't the only ones interested in credit scores these days - now the health industry is getting in on the act.
Credit industry giant Fair Isaac is working with Healthcare Analytics and Tenet Healthcare to create a new MedFICO score. This new credit score is intended to judge a person's likelihood of paying their medical bills and could debut as early as this summer.
Understandably, the new score is already raising concerns from consumer advocacy groups that fear it will be checked before patients are treated. They are afraid that people with low medical credit scores could receive lower-quality care than those with a higher MedFICO.
It looks like lenders, landlords, insurance companies and employers aren't the only ones interested in credit scores these days - now the health industry is getting in on the act.
Credit industry giant Fair Isaac is working with Healthcare Analytics and Tenet Healthcare to create a new MedFICO score. This new credit score is intended to judge a person's likelihood of paying their medical bills and could debut as early as this summer.
Understandably, the new score is already raising concerns from consumer advocacy groups that fear it will be checked before patients are treated. They are afraid that people with low medical credit scores could receive lower-quality care than those with a higher MedFICO.
posted by LuckyComeHawaii at 9:13 AM
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