Bartering For Health Care On The Rise

8/11/2009
http://www.huffingtonpost.com/2009/08/11/bartering-for-health-care_n_256596.html

Cash, check or a cord of wood for that doctor visit? As health care costs climb, old-fashioned bartering has seen brisk growth since the economy soured.

Hillsborough, N.J.-resident Robert Josefs traded his Web site designing skills for nearly $1,000 in dental work last year when he had no insurance, and many other patients are learning that health care debts don't always have to be settled with sometimes-precious cash.

Health care bartering has risen dramatically since the recession began, as people lose their health insurance and consumer spending drops, said Allen Zimmelman, a spokesman for the Bellevue, Wash.-based trade exchange ITEX Corp.

ITEX Corp. has seen its health care business rise 45 percent over the past year. The exchange, which has 24,000 members, now fosters about $1 million a month in health care bartering.

The Web site Craigslist says overall bartering posts have more than doubled over the past year as the recession took hold.


full article here: http://www.huffingtonpost.com/2009/08/11/bartering-for-health-care_n_256596.html

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