Michael Andrade interviews MediBid CEO Ralph Weber Ralph Weber has been a consultant for employers for years. Employers reached the breaking point of expensive medical plans that are low quality. Millions of claims data were studied and found that 35-40% of procedure costs were above the median price. Competition works, but adding transparency ONLY raises … Continued
Cost Effective Self-Funded Plans are Possible with MediBid Self-funded employer healthcare plans are gaining in popularity, even among smaller employers that in the past would have considered self-funding too risky. Traditional health insurance no longer offers the value that employers and their employees look for, and many businesses are turning to self-funding a … Continued
by Ralph Weber Early in May 2014, the administration released guidelines that stated that balanced billing, which exceeds the reference price, is not subject to the employee out-of-pocket limit of $6,350 for single people and $12,700 for those with dependents (in 2014). This means that if your plan sets the reference price for a procedure … Continued
by Lee Kurisko, MD In Part Three, I dispelled the misconception that plant foods cannot provide sufficient protein for health. People are also often concerned about calcium, iron, and zinc. I was raised believing that only dairy foods provided a significant amount of calcium to be healthy and have strong bones. Invariably, the “educational” materials … Continued
By Dr. Stanley “Lee” Kurisko A few years ago, I wrote a blog post for MediBid that I have since realized was completely wrong. My article, “Why Vegetarianism is Bad for You” scored over 50,000 hits but was based on incomplete and inaccurate information. Fortunately, the article is no longer on the internet to misinform people. … Continued