Why employees with health insurance still forgo medical care: how PayMedix’s TempoPay addresses payment barriers

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TempoPay, the healthcare financing platform under PayMedix, focuses on the problem of insured employees delaying or forgoing medical care because they cannot afford out-of-pocket costs. Over the past 12 months, 36% of adults skipped or delayed care due to cost, while the proportion of uninsured adults under 65 was 75%. Through health plans, TempoPay provides medical financing without a credit check, with no interest or fees, and supports repayment over up to 12 months.