Collector - March 2020 - 14

FYI

Why Was Your Credit Card Closed?

CREDITCARDS

ACCOUNT CLOSED

51%

According to a survey conducted by
CompareCards, one in seven cardholders
had a credit card closed involuntarily in
2018. Cardholders aged 18 to 21 years
reported the most involuntary closures out
of any other age group surveyed. While
approximately half of those whose card
was closed cited inactivity as the main
reason, the second-most-common reason
given was payment delinquency. What were
consumers' next steps? After their card was
closed, 37% applied for a new credit card
and 17% turned to their debit card.

28%
13%
4%
4%
Source: CompareCards.com

70

The estimated
number of computers
lost by travelers each
day at Los Angeles
International airport.

$15K

The cost in legal fees of the average
divorce in the U.S.

Source: Bloomberg

Source: Nolo.com

Which States Have a Telehealth
Commercial Payer Statute?

HEALTHCARE

THE DOCTOR WILL SEE YOU NOW
Telehealth services, which allow patients to
access health care online, continue to grow
in popularity each year. In a 2019 survey
of home health providers conducted by
Definitive Healthcare, 28% said they planned
to launch new telehealth services in 2020
or 2021.
While some states still restrict where
patients can be physically located-such as
in a medical clinic setting-to participate in
a virtual visit, a report from Foley & Lardner
LLP noted many states are passing laws
encouraging the adoption of virtual health
services. As of October 2019, 42 states
and Washington, D.C., had passed laws
encouraging health insurance plans to cover
telehealth services, although the specific
provisions in the laws vary.

14

WA
MT

ME

ND

MN

OR
ID

WY

CA

SD

UT

AZ

CO

NY

WI

PA

KS
OK

NM

WV

MO

KY

MA
RI

NJ

DE

VA

MD
DC

NC

TN

SC

AR
MS

TX

OH

IN

IL

NH

CT

MI

IA

NE

NV

VT

AL

GA

LA

Yes
FL

AK
HI

No
Source: Foley & Lardner LLP. Data as of October 2019.

ACAINTERNATIONAL.ORG


http://www.CompareCards.com http://www.bloomberg.com http://www.Nolo.com http://www.ACAINTERNATIONAL.ORG

Collector - March 2020

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