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  • ACA Architect Gruber Insults Voters November 21, 2014
    MIT economist Jonathan Gruber (an architect of Obamacare) has emerged in a handful of videos insulting the American public. In one video, Gruber discusses how voters’ “lack of economic understanding” enabled a politically unpopular tax on “Cadillac” health plans to …
  • Are You Vitamin D Deficient? November 19, 2014
    Many Americans believe they are not at risk for Vitamin D deficiency because they eat D-fortified foods. These foods do not contain enough Vitamin D to benefit your health. Vitamin D is not a regular vitamin, but a steroid hormone …
  • Ambulance Drones Could Help You Survive a Heart Attack November 17, 2014
    Heart disease is the #1 cause of death in the United States. The odds of surviving a heart attack outside of a hospital is only 8%. Four out of five heart attacks occur at home where there is no emergency …
  • Eugenics in America – In the Name of Science November 17, 2014
    Marilyn M. Singleton, M.D., J.D. presents at the AAPS 71st Annual Meeting, September 5, 2014, Charleston, South Carolina
  • Supreme Court to Examine Issue of Obamacare Subsidies November 14, 2014
    The Supreme Court will decide the fate of Obamacare yet again. This new case challenges the key issue of subsidies used to assist in purchasing insurance in the exchanges. This decision to hear the King v. Burwell case has surprised …
  • Apples to Protect Against Obesity November 12, 2014
    An apple a day may be as beneficial as daily statin use. Apples and pears reduce the risk of stroke by more than 50%. A new study has found that the bioactive compounds in apples not absorbed during digestion boost …

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.