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  • Hospitals want patients to pay in advance October 17, 2014
    Hospitals are asking for payments from patients before they leave the facility so they don’t end up with unpaid bills. Knowing the costs before the procedure is important because insurance deductibles are increasing and so are procedure costs. Obamacare policies …
  • State Highlights: Mass. First To Require Health Care Price Tags; Health Disparities In Wis. October 15, 2014
    A selection of health policy stories from Massachusetts, Wisconsin, Illinois, Connecticut, California, Texas, South Dakota and Pennsylvania. WBUR: Massachusetts Becomes First State To Require Price Tags For Health Care Massachusetts has launched a new era of shopping. It began last …
  • Physicians Remove Government from Medical Equation October 13, 2014
    by Gerard Gianoli, MD Doctors in Nevada and across the country are protesting against the government’s intrusion into health care, but we aren’t voicing our concerns using bullhorns and pickets. Instead, many of the state’s 5,400 physicians are protesting silently …
  • Revolutionary Idea Could Change Medicine October 10, 2014
    For those of us who get woozy when having blood drawn for routine testing, a simple pin prick may be the blood test of the future. Elizabeth Holmes, the CEO and founder of Theranos, says that her company can run …
  • Why Accountable Care Organizations Are Failing October 8, 2014
    by Richard Amerling, MD Accountable Care Organizations (ACOs), a key piece of the Affordable Care Act (“ObamaCare”) “reform” plan, are failing because they must fail. ACOs are based on faulty assumptions, poor economics, and junk science. They would not exist …
  • Common Sense Travel Restrictions to Stop Ebola: Dr. Jane Orient October 7, 2014
    Dr. Orient appears on Cavuto – October 6, 2014

Employers & TPAs: Find an Affordable Employee Health Plan

One of the biggest issues facing employers today is the unsustainable rising costs of healthcare. Employers have responded by using Health Savings Accounts and Health Reimbursement Arrangements which have helped, but employees are still having problems finding healthcare pricing in advance. Largely for lack of transparency. If an employee is somehow lucky enough to get a price in advance, the price is nonnegotiable, so transparency alone can not be monetized. It just helps you know how much you are being overcharged. Even then, the price of a procedure can vary greatly in one zip code alone. Just as an example, we found the price of a colonoscopy in one city being charged at anywhere from $850 to $3500.

How an employer sponsored healthcare plan can use MediBid

 

transparency matters

The question asked too often is “Do you accept my health plan?”, or “Am I covered?”. By incorporating MediBid into your healthcare plan, the question becomes; “How much does it cost?” With a variance of 1,000% in a single metropolitan area, this question needs to be asked. Contact MediBid to find out how. Contact us by filling out this CONTACT FORM, or call us at 1-888-855-MEDI (6334)

At MediBid, our average price for a colonoscopy is $650 and our low price is $535. Our price is lower than the lowest insurance provider cost, all because of the transparency and competition our system provides.

When a company buys a printer, they generally tender it out, and get 3 competitive bids, but that’s not how they buy healthcare. But that is exactly how MediBid buys healthcare, by tendering out every procedure. Now employers and TPAs can apply competitive bidding to their health plan with MediBid. Call us at 888-855-6334 to learn more.

Employers and TPAs (Third Party Administrators) can dramatically reduce their healthcare costs by harnessing the power of competition and transparency available through MediBid using our affordable employee healthcare plan for Employers and TPAs. Help us change healthcare for the better. Medium to large employers can easily reduce their healthcare spending by 15% to 40%, sometimes even more. By engaging your employees, they save costs and you, the plan sponsor, saves cost.

The simple fact is that price fixing with no transparency isn’t good enough any more. Employers faced with increased expenses, new taxes, lower sales need this relief. For a no obligation discussion with one of our experienced benefits consultants, please call us, or fill out our contact form.

Want more info? Give us a call at 888-855-MEDI. We look forward to working with you.

Transparency

-Employees can see every doctor and hospital’s ratings, and quality outcomes.

-They see the location, training and experience of the surgeon in advance, and make their choice based on their own needs.

-They get to choose the procedure they really NEED, instead of the procedure that is covered by insurance.

Competition

-Doctors and hospitals from across state lines and international borders will be making a bid on your medical needs.

-Doctors get to develop efficiencies in narrow fields and pass on these savings.

-Doctors get paid at the time of service, so they can save overhead needed in the traditional medical billing model where doctors are often lucky to collect one third of what they bill to insurance companies, and to collect that within 90 days.

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