Press

Here you will find some of the most current news and information about MediBid, from MediBid. For a complete listing of all media attention, please visit www.medibid.com/press.


 Faith Based Program to Save Big on Medical Care With MediBid

Murfreesboro, TN (PRWEB) January 26, 2011

MediBid – The Marketplace for Medicine® – announced today that they are now working with a faith based, health care cost sharing program, to aid its members in getting the best price and value for their medical care.

“MediBid users frequently get Bids for medical care that are as low as one-fourth of the surveyed average US billing price,” said Ralph Weber, MediBid.com founder and CEO. “Working with this new group allows us to share that savings with even more people.”

MediBid.com users are called ‘Bidders’ and ‘Seekers’ within the website’s online marketplace. Bidders can be doctors, hospitals, or surgery centers both locally and around the world. Seekers post a request for medical care, which is viewed anonymously by the Bidders able to perform the surgery or therapy being asked for. Then, Bidders respond to the Seeker in the form of a Bid, which includes the price, location, and inclusions of service for that price. “It’s a free-market system and every Bid is unique, so prices can vary depending on where the Seeker is willing to travel to, and what their needs are,” said Weber. Seekers also have the ability to browse through profiles and request Bids from Bidders they are interested in.

“The larger the medical procedure, the more potential we have to save the Seeker money,” commented Weber. “Something like a request for a dental cleaning may only save $10 or $20, but with something like joint replacement surgery or cancer treatment we have the potential to help save thousands of dollars per patient.”

Quote startSomething like a request for a dental cleaning may only save $10 or $20, but with something like joint replacement surgery or cancer treatment we have the potential to help save thousands of dollars per patient.Quote end

The Public Policy Specialist with this new group projects up to 50,000 program members, including subscriber family members, will be given access to the MediBid.com engine to receive Bids the next time they are faced with a potentially expensive medical procedure. If used for large ticket items, the potential savings could be in the tens-of-thousands easily, which benefits everyone in the group because it is a self-funded, cost sharing program.

MediBid.com works with other self-insured groups in the US and Canada to help them save on their medical expenses. Individuals who use a Health Savings Account or have no insurance can also use the MediBid.com engine to save on their medical expenses. Posting a request for Bids is just $25.

About MediBid
MediBid.com is an interactive marketplace that empowers cash paying patients to seek medical care from doctors, hospitals, and facilities locally and around the world. Patients who use MediBid’s uncompromisingly unique, highly secure, needs-matching technology can acquire the best cost-to-value services anywhere.


CCSVI Liberation Therapy Now Available Through MediBid Portal

December 7, 2010

CCSVI Liberation Therapy Now Available Through MediBid Portal
MediBid

Toronto, ON (RPRN) 12/07/10 — Canadians suffering from Multiple Sclerosis looking for Chronic Cerebrospinal Venous Insufficiency (CCSVI) treatment have often had difficulties getting access to the care that they need, but an online marketplace for medicine, MediBid.ca, announced today that patients can now use their services to seek out hospitals in North America offering Dr. Zamboni’s CCSVI Liberation Therapy for their treatment. 

Already a marketplace used by patients from both the US and Canada to connect with thousands of doctors, MediBid’s founder and CEO, Ralph Weber, commented that the services provided by MediBid are all about “access, transparency, choice, and value.”  Weber found that many of his clients, and even his own family, had trouble gaining access to care in Canada, so he began helping them find care outside of Canada without the assistance of a medical tourism facilitator.  MediBid offers to connect patients directly with doctors and hospitals for a wide variety of services, including joint replacement, cosmetic surgery, and cancer treatment. 

“The incidence of Multiple Sclerosis in Canada is one of the highest in the world,” said Weber, “and these patients often want options not available in Canada.  We can help.”

Hospitals are now standing by to give bids to patients requesting Liberation Therapy on MediBid.ca, including a hospital in New York that is currently screening patients for clinical trials of CCSVI treatment, and one in

CCSVI Liberation Therapy Now Available Through MediBid Portal
The Marketplace for Medicine

Mexico that has a standard of keeping both a neurosurgeon and vascular surgeon on hand during CCSVI surgery.  These hospitals, like all hospital members of MediBid, believe in putting the needs of the patient first.               

 

“It isn’t always about finding the best price,” commented Weber, “though the price is a factor, it’s about knowing what the real cost is, without a third-party mark-up, what that cost includes as far as services and quality go, and having it all presented up front in black and white.”  Weber has been assisting Canadians deal directly with doctors and hospitals in the United States and overseas for the past 14 years. 

Dealing directly with the hospital can makes things surprisingly affordable.  MediBid reported knee replacement surgeries, reported to cost an average of $50,000 (MTA 2010 Survey) in the United States, averaging about $12,800 when obtained through their service.

About MediBid

MediBid.ca is an interactive marketplace that empowers cash paying patients to seek medical care from doctors, hospitals, and facilities locally and around the world. Patients who use MediBid’s uncompromisingly unique, highly secure, needs-matching technology can acquire the best cost-to-value services anywhere.


 

Dr. Kurisko Speaks Out Against ObamaCare

Thursday, 28 October 2010 11:45
Dr. Lee Kurisko CMO of MediBid

Dr. Lee Kurisko

As part of its Choose Freedom — Stop ObamaCare campaign, The John Birch Society has been sponsoring talks by distinguished doctors all across the country. On October 25, Dr. Lee Kurisko spoke to hundreds of concerned citizens in Albany, New York. Dr. Kurisko, author of Health Reform: End of the American Revolution?, knows the risks of centrally planned healthcare firsthand from his experiences under the socialist healthcare system in Canada, where he practiced medicine before relocating to the United States.

Dr. Kurisko explained that he used to firmly believe in the sort of rhetoric that we now hear in support of ObamaCare. He viewed healthcare as a human right and thought that government could adequately provide it. Then he entered the medical field. Working in family practice, emergency care, and eventually diagnostic radiology (where he rose to Director of Diagnostic Imaging for Thunder Bay Regional Hospital in Ontario), he grew increasingly frustrated with restrictions and failings under the Ministry of Health. He began to examine the practical, economic, and moral dimensions of healthcare and explored the writings of Ayn Rand, Thomas Sowell, and Ludwig von Mises. He arrived at the conclusion that only a free market could adequately meet the needs of the public and eventually relocated to the United States. He has since joined the board of directors of Consulting Radiologists Ltd. in Minneapolis and co-founded Medibid, an interactive Web portal to a global network of healthcare providers seeking to offer consumer choice.

He began his discussion of the Canadian system by asking the audience to consider scenarios he actually encountered:

Imagine having a critical narrowing diagnosed within one of the main blood vessels to your brain and then having to wait three months for the surgery, just enough time for it to block off completely. Imagine waiting months for your MRI only to find out that your back pain was caused by a huge tumor or rampant infection rather than a disc problem. Imagine waiting weeks or months for your CT scan to have your tumor diagnosed and then waiting weeks again for a diagnostic biopsy, while the tumor continued to grow and spread.

Dr. Kurisko observed that while the average wait in Canada in many cases was seventeen weeks, he personally knew physicians in his province with wait times in excess of two years. He commented that government rationing forced him to triage so many patients that he lost sleep over it.

The doctor explained that according to professional recommendations, there should be at least one radiology specialist for every 13,000 patients; however, in his area of Canada there were only three for a population of 250,000. Shortages were so severe in specialty fields such as dermatology that some patients had actually sought treatment from veterinarians. Dr. Kurisko emphasized that there was not only a severe lack of appropriate diagnostic equipment such as CT and MRI scanners, but also that many of the ones in use were in extremely poor condition. Contrasting this with what even the limited market conditions in the United States have provided, he noted that such equipment is not only abundant but is often widely accessible and in excellent condition.

Dr. Kurisko explained the situation in terms of free markets versus central planning. He asked why it is that in Manhattan — an island with no farm land — one can purchase even the most exotic foods at almost any time of day and for very reasonable prices. He replied that it was only the “cascade of decisions” from rational actors in the market that makes this possible. Such a feature is absent in centrally planned systems such as the former Soviet Union, under which people regularly went hungry. Drawing a comparison to the weather, he commented: “The further out we try to predict, the less accurate the prediction…. The problem is the requirement for absolute accuracy in the data used and the slightest change in data changes the prediction drastically.” American hospitals may currently be burdened with the need to budget on a monthly basis, but Canadian hospitals are subject to nationwide planning on a yearly basis from a central bureaucracy. As such, these shortcomings should not only be expected but are also inevitable. So why would anyone support such a transformation in this country?

A lot of it has to do with bad information. Dr. Kurisko addressed some of the common myths that have been used to support greater government control. For instance, statistics on life expectancy and infant mortality are often used to suggest better care in Canada. However, differences in life expectancy between Canada and the United States are often influenced more by demographic differences than by actual differences in treatment. He also noted that different standards are often used in determining such values as infant mortality. For instance, American statistics take into account live births, whereas Canadian statistics employ a weight standard. There is also the claim that over 46 million Americans are uninsured under our current system, but that statistic is profoundly misleading. The doctor offered the following notes on that number:

• 12 million or more are illegal aliens and not Americans by definition;

• 14 million actually qualify for existing programs;

• 28 million make over $50,000 per year;

• 10 million earn more than $75,000 per year; and

• Many are only uninsured as a temporary condition.

Considering the last point, health insurance is often tied to employment, so complications should be expected with high unemployment. How did this become the case? As Dr. Kurisko explained, the employer system was not an invention of pure market principles but a response to governmentally inflicted price and wage controls. The idea that the “free market is failing” is largely a myth because there is a long history of increasing government intervention in American medicine. Currently, 47 percent of all healthcare costs in America are paid by government, and that number jumps to 56 percent if the health insurance of government employees is counted. It has skewed the purpose of insurance to maintenance and radically increased costs.

So the statist misdiagnoses the problem in American medicine, stressed Dr. Kurisko. What about the prescription? He suggested that, while ObamaCare is not a single-payer system, it could actually be more destructive. The Canadian system involves 13 pages of regulations and two bureaucracies. ObamaCare involves thousands of pages of regulations and stifles the market with a complex collage of bureaucracies. Dr. Kurisko’s prescription entails not just getting rid of ObamaCare but addressing the actual causes of our problems. As he puts it, the issue here is really a matter of “externalized control versus individual freedom. It is tempting to be wooed by the sense of safety that a move towards government health care purports to offer but, Benjamin Franklin said it best: ‘Those who give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.’ ”

Photo: Dr. Lee Kurisko


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