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Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

January 10, 2023

Founded in 2018, Paytient is a new type of benefit called Health Payment Account (HPA) that partners with employers and insurers to provide a new source of funding—interest-free credit—alongside the health plan to empower people to more easily pay out of pocket costs that too often feel out of reach.

Paytients use their HPA cards to pay out-of-pocket medical, pharmacy, dental, vision, and/or veterinary expenses, tapping into a small line of credit to pay out-of-pocket costs upfront. After each transaction, they choose an interest-free payment plan that fits their budget.

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