Equine Health Update Issue 2 Volume 19 | Page 37

EQUINE | Business MediWallet MediWallet VETERINARY FINANCE VETERINARY FINANCE GROW YOUR PRACTICE WITH MEDIWALLET VETERINARY FINANCE GROW YOUR PRACTICE WITH MEDIWALLET VETERINARY FINANCE Finance Options IMPROVE YOUR CASH IMPROVE FLOW YOUR CASH FLOW REDUCE YOUR BAD DEBT With more people unable to BAD afford DEBT unex- REDUCE YOUR pected veterinary costs, MediWallet pro- With more people unable to afford unex- vides your customer with an easy method pected veterinary costs, MediWallet pro- to finance their purchase in your practice. vides your customer with an easy method to finance their purchase in your practice. for Veterinary Clients GET SETTLED GET WEEKLY SETTLED WEEKLY By Bruce McIntosh MediWallet | Tel: 041 507 0492 | Cell: 079 885 3147 | www.mediwallet.co.za NO M any pets struggle with medical problems, es- pecially as they age. The cost of healthcare has been increasing well above inflation for a number of years. Pet owners who need to make a large payment have a few options to consider when deciding how to prepare for unforeseen medical expenses for their pets, namely: Simply saving money for a rainy day; Pet insurance; and A medical credit card: For example the MediWallet. Having a dedicated savings account is a great idea but in reality it often doesn’t happen. There is also the risk of incurring a large bill before you have had the time to save enough money. Even if your savings have reached maturity there is always the risk that an unexpected emergency will cost substantially more than your sav- ings. Pet insurance is just that – health insurance for your pet. BAD DEBT NO BAD DEBT BENEFITS: • We BENEFITS: take your bad debt • We settle you weekly • We take your bad debt • Higher invoice value • We settle you weekly • No integration cost • Higher invoice value • SMS Pre-Approval within seconds • No integration cost • Established client base • SMS Pre-Approval within seconds • Established client base Like your own health insurance, you are required to pay a monthly premium which only pays out in the event of a medical emergency, trauma, or disease etc. Unlike a medical credit card pet insurance won’t cover every cost. Certain conditions, such as pre-existing or prevent- able conditions, may not be covered. In most policies a co-payment is also required. For more information: [email protected] For more information: This is where the product MediWallet becomes useful. 0861 007709 [email protected] MediWallet is a line or of sign credit that can be used to cover at www.mediwallet.co.za 0861 up 007709 any veterinary costs including those not covered by pet sign be up used at www.mediwallet.co.za insurance. MediWallet or can for your own health care expenses, as well as those of your pets. Think of a regular credit card specific to medical expenditure, which is only accepted at a network of accredited medi- cal or veterinary facilities. The MediWallet is designed to assist customers make a large upfront payment and then have the ability to repay it over 18 months. Like any credit card there is an interest charge as well as a • Volume 19 no 2 • June 2017 • 37