N.Y. Senator Adds Voice To Concern About Credit Cards, Echoing Cuomo's Health Credit Probe

MarketWatch: More warnings about credit cards - including those to pay for health care services - are coming from New York's elected officials. Sen. Charles Schumer sent a letter to the Federal Reserve noting a 256 percent leap in solicitations to consumers for professional and business credit cards. Schumer raises these concerns "on the heels of New York Attorney General Andrew Cuomo's launch of an industry-wide probe into predatory lending in the health-care realm. ... A health-care credit card allows you to charge procedures and treatments that your insurance company doesn't cover, such as chiropractic, cosmetic and dental procedures, infertility treatments and even veterinary services for Fluffy" (Waters, 9/2).

Earlier, related KHN story: Regulators Probe Allegations Of Fraud In Health Credit Cards (Andrews, 8/31)

This is part of Kaiser Health News' Daily Report - a summary of health policy coverage from more than 300 news organizations. The full summary of the day's news can be found here and you can sign up for e-mail subscriptions to the Daily Report here. In addition, our staff of reporters and correspondents file original stories each day, which you can find on our home page.