Healthcare Technology Featured Article

April 19, 2021

Types of Health Tech and How to Afford Them

Health technology has come a long way in recent years, and these advances are helping patients better manage their lives. However, they do have a cost to them, so it's a good idea to know how to afford them. That way, you can become better equipped to control the outcome of your medical care.

Paying for These Devices and Services

Ideally, you would have good insurance that would cover the cost of these newer devices and technologies, particularly if you need them for a condition. However, you have other options open to you if you don't have insurance or need to afford your co-pay. For business owners and other self-employed people, you can get health insurance plans by joining a relevant organization or group. You could be part of a cost-sharing plan, which means you pool your money to cover each other's medical expenses. The rates might be better than you think.

Even if you already have a type of health insurance, you might still need assistance covering the cost of newer health tech devices, especially if they are not covered under your existing plan. Try saving money off your monthly expenses so you can set aside something toward the new tech. One way of doing that is to consolidate student loans into a new one with a private lender's help. You can use a student loan consolidation calculator to see how much you can save each month.

Advanced Forms of Telemedicine

The COVID pandemic has caused telemedicine to become significantly more popular. That's excellent news for those who are unable to leave their homes but still require medical care. Because of the increased need for telemedicine during the pandemic, many regulatory barriers were removed, allowing health care providers to offer care to more people.

This year, many health care providers have started to research how to combine telemedicine with the other services they offer. One of the benefits of virtual health management is the ability to collaborate with a wide range of services from the comfort of your own home. Whether it's mental health, urgent care, long-term care, or anything else, telemedicine has made these services more accessible to more patients around the world.

Tricorder Devices 

In the past, science fiction writers imagined tricorders as small devices that could monitor many vital signs and diagnose a patient. But these devices are becoming a reality, and patients can use them without the need for medical training. Tricorders can get data on the patient from several sources and use algorithms to diagnose the patient's health condition.

Advanced Pacemakers

The primary pacemaker has been around for more than a century, and it is still relevant today. They work by sending electric signals to the heart to stop certain life-threatening heart conditions from occurring. Because of the gravity of a pacemaker going wrong, it's critical to monitor them. That's why some companies have created Bluetooth-enabled pacemakers that pair with apps. It allows for better remote monitoring, and it could result in a better patient outcome.

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