by Lee Kurisko, MD One of the fundamental problems with US health care is that patients do not function as consumers in a meaningful way and are not cost-conscious because third parties control the majority of the dollars in health care transactions. Without being consumers that foot the bill, patients are not interested in prices … Continued
The Affordable Care Act (ACA) has fundamentally altered the landscape of employer-provided healthcare in the United States. For Applicable Large Employers (ALEs)—defined as businesses with more than 50 Full Time Equivalent Employees (FTEs)—navigating these waters requires not just a map, but a seasoned navigator.
Few procedures have made as significant an impact on the quality of life for individuals as hip replacement surgery. This transformative medical intervention has become a beacon of hope for millions around the globe, offering relief to those burdened by hip joint pain and limited mobility.
In a world where healthcare costs are soaring, and individuals are seeking ways to manage their medical expenses, the need for disruption to the traditional healthcare model has never been more apparent. Finding cost-effective alternatives to traditional care requires persistence and a creative approach. Today we explore the potential savings that patients can unlock compared to conventional healthcare services.
Medical tourism is a concept that has seen a tremendous push in recent years.
Healthcare is expensive. Insurance is expensive. The cost of everything is going up, which means you have less money to pay for regular doctor visits, let alone the unexpected. That’s just one reason why there’s been a growing buzz about market-based pricing in healthcare.
by Adrienne Snavely Ralph Weber got the idea to start MediBid when his family member was put on waiting lists for care in Canada. Moving to the US and willing to pay cash to get the procedure done, he discovered that by shopping around, you can really save money. He wanted to help others who … Continued
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
Ralph Weber is interviewed on Ron Barshop podcast September 25, 2019. Many patients find that their deductible is higher than any insurance savings would be. Hospitals collect 1/3 of their debt by collectors that harass families by all means. These collections are the cash cow of the hospital. Medical debt then in turn affects credit … Continued
Many patients have had surgery fail or have concerns about surgery and are looking for other options. Living with pain and medication is unacceptable and some people have decided to try stem cell therapy. Regenerative medicine is a solution for many people who do not want to have the pain and recovery time that comes … Continued