Insights
Keep The Beat
Stay up-to-date on what’s happening at TempoPay. We talk about employee benefits, healthcare, and affordability.
Rethinking healthcare affordability: a call to employers
Improving health outcomes starts by improving financial resilience In today’s economy, financial stress is hitting employees hard—especially when it comes to healthcare. Nearly 92% say medical bills impact their health , and over 1 in 4 delay care due to cost. Many…
Rising prescription drug prices require creative approaches to healthcare financing
Prescription drug spending has reached an all-time high, nearing $450 billion in 2023 and growing faster than inflation and overall healthcare costs. Pharmacy costs have surged by 13% this past year, nearly double the increase in overall healthcare costs (7%) and more…
TempoPay Rx Launches to Help Employees Access and Afford Prescription Drugs
Milwaukee, WI – April 29, 2025 TempoPay announced the availability of TempoPay Rx, a financing solution designed to address the growing trend in prescription drug non-adherence nationally. “We are excited to bring TempoPay Rx to the market and help create simpler and…
Texicare Partners with TempoPay
Austin, Texas TempoPay, a subsidiary of HPS/PayMedix, is a flexible payments platform that provides employees with the ability to pay their healthcare bills over time without interest, fees, or credit checks. The TempoPay Visa® card can be used to pay for everything…
HPS/PayMedix Acquires TempoPay
HPS/PayMedix has acquired TempoPay, an innovative payments solution created at Redesign Health that helps employees access medical, dental, pharmacy, and other expenses not paid by their insurance. Together, the companies offer a comprehensive healthcare financing and…
For employees, financial wellness support must go beyond education
These days just about everything is more expensive than it was only two years ago. Unexpected medical bills, affording healthcare, and the costs associated with caregiving are top financial concerns that can’t be deprioritized. Six out of ten Americans are living…
The hidden costs of medical credit cards– how companies can help their employees avoid them
The Consumer Financial Protection Bureau (CFBP) recently released a report on financial services products marketed through doctors and care providers. The report highlights that patients used cards or loans with deferred interest terms to pay for over 17 million…
Medical debt is crushing the U.S. workforce. Can employers provide relief?
With inflation outpacing wages, everyday budgets are under increasing pressure. More Americans rely on credit cards than ever to pay for daily expenses and to cover emergencies. At the end of 2022, the national average credit card debt was over $7,000. 53% of…
How to help employees keep HSA funds growing into the future
We break down how High Deductible Health Plans, Health Savings Accounts, and TempoPay can work together to help employees pay for care and protect their finances. A (really) quick dip into HDHPs and HSAs High Deductible Health Plans were developed to encourage…
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