Assessing the Impact of 'BuyNow Pay Later' Services on Patient Access to Healthcare

The increasing cost of healthcare remains a major obstacle for many patients, limiting their access to timely medical care and highlighting the need for innovative financial solutions. This study examines the role of "Buy Now Pay Later" (BNPL) in improving financial accessibility and affordability within the healthcare sector. BNPL enables patients to spread out medical payments, easing immediate financial pressure and encouraging prompt treatment. The research focuses on critical variables, such as healthcare costs (independent variable) and patient access to services (dependent variable), to evaluate BNPL's potential in bridging affordability gaps for uninsured or underinsured patients. It also explores the broader implications for healthcare providers, regulatory frameworks, and patient outcomes. The study underscores BNPL’s transformative potential in healthcare financing, while addressing challenges and opportunities. It concludes with recommendations for effective adoption, aiming to balance accessibility, affordability, and financial sustainability.