Payment for medical services in crypto currency: is this possible in the future and where is it already happening?

in #healthcare6 years ago

Crypto-currencies are becoming increasingly accepted as a means of exchange for different goods and services. Even real estate is put up for sale for bitcoins, so it's hardly surprising that crypto-currency will penetrate the healthcare service market. The convenience of transparent payments, coupled with the efficiency of the transaction is what the service providers are looking for – from the medical institutions themselves to their patients.

Crypto currency has already started to gradually “invade” the health care system. A dental clinic in Kielce (Poland) offers its patients the option to pay for treatment dentistry with crypto currency. Everyone who pays in bitcoin is entitled to a 10% discount. And this is not the only example of selling medical services for crypto currency: The Virtual Doctor Project works with patients living in remote African areas, so it is ideal for the patient to make online payments in crypto currency. Some online pharmaceutical services selling medicine, have begun to accept crypto currency in payment.

Of course, crypto currency is only just beginning to penetrate the healthcare sector, and the number of medical institutions that are ready to accept payment in bitcoins or other crypto currencies is already happening and is expected to increase dramatically in the foreseeable future. Medical tourism represents a promising area for using crypto currency as a means of payment. Even now, many patients who go abroad for organ transplant, cancer treatment etc., prefer to pay in crypto currency. So, Crypto-currency heralds a great future for the Healthcare Sector.

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