Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, has released its new report, Is Paying for Healthcare Consumer Friendly Yet? examining the topic of healthcare affordability and accessibility among patients in the U.S. The research highlights a significant disconnect between patient expectations and current billing practices in U.S. healthcare, and uncovers opportunities for healthcare providers to both improve the patient payment experience and increase collections.

• Over one in five (22%) consumers have had payment issues when buying insurance policies
• 35% of consumers look for preferred payment methods when buying insurance 
• New Adyen and EY report spotlights the potential of fintech in the UK to positively impact the customer experience within the insurance sector

A new report published by Adyen, the global financial technology platform of choice for leading businesses, with research conducted by EY, has found that ease of payment is now a top three decision factor for Gen Z and millennials when they are looking to buy insurance.

AP Companies, a global leader in medical assistance and cost containment, is excited to announce its latest innovation—the AP GlobalHealth Card. This new solution will complement our existing cashless network by filling in the gaps where patients previously had to pay out-of-pocket and claim reimbursements later. Now, clients and their insured members can seamlessly cover medical expenses without the need for upfront payments or lengthy reimbursement processes.

APRIL International has introduced its latest innovation, the Easy Pay Card, for clients of its UK business, following a successful launch in other markets last year. The card has been used in over 50 countries since its launch and in France, it has won prestigious awards for digital innovation in personal insurance services from organisations including the Argus de l’assurance and Cas d'Or Banque Assurance.

Digital payment platforms often incorporate robust security measures, including fraud detection algorithms and compliance with industry standards, to minimize the risk of fraudulent transactions. This helps protect both the insurer and the insured from financial losses.

In this iPMI Global in Focus Payments Article, we examine how international health insurance providers can manage fraudulent payments risk, and which areas they should be focusing on.

Digital payments provide a significantly more convenient and user-friendly experience for customers in the global healthcare insurance market. Features like online portals, mobile payments, and recurring payment options streamline the payment process and eliminate the need for manual paperwork or phone calls.

In this iPMI Global in Focus Payments article, we examine some of the emerging trends in the global insurance payments market, and how companies like Flywire are helping to drive these changes:

This iPMI Global Insurance Payments Insights article examines current frequently asked questions about how international health insurers may streamline their premium payments workflow whilst improving the customer experience using the latest payment technology.

In this iPMI Global In Focus payments article, Matt Teumer, Director, Strategic Accounts, Insurance & B2B at Flywire, looks at why global insurance companies need a new approach to processing international premium payments.

With global student mobility strong – estimates are that 7 million students will travel abroad for higher education by 2030 – the future for the student health insurance market is bright.

Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, will attend Europe's largest Insurtech Conference, Insurtech Insights, March 20th and 21st in London.