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  • Haggling for Health Care April 21, 2014
    There are new ways to cut your medical costs dramatically. John BenJohn of New York placed a request for nasal polyp surgery on MediBid and had no outstanding bills or hidden charges after the procedure. After placing a procedure request, …
  • Are Eggs Good for You? 30 Reasons to Eat Eggs April 18, 2014
    Eggs have gotten a bad rap in the past and unfortunately, many today still believe the wide spread misinformation. Are eggs good for you? Do they cause heart disease? Do they raise cholesterol? Should I avoid them? Depending on who …
  • The Commercial Gym – A Little House of Horrors April 16, 2014
    by Lee Kurisko, MD I’m was on vacation a week ago in Florida.  I was more than happy to vacate Minnesota that week.  Despite being the first week of April, Minnesota is still getting snow.  My kids are teenagers so …
  • The Difference Matters: Dick Morris Interviews Jan Iverson April 15, 2014
    Jan Iverson speaks to Dick Morris, on April 14, 2014, about citizen-led efforts to hold Hillary Clinton accountable for the Benghazi cover up.
  • Arkansas Surgical Hospital Ranked Among Most Affordable in Statewide Study April 14, 2014
    San Francisco (April 9, 2014) – NerdWallet Health, a website that empowers consumers to make better decisions about healthcare and insurance, has found the ten most affordable hospitals in Arkansas – and North Little Rock-based Arkansas Surgical Hospital ranks sixth. …
  • Costa Rica Vacation & Medical Check-up Special April 11, 2014
    5 Days and 4 Nights Package to Costa Rica is available for $1899! It includes over 25 individual laboratory tests and scans to provide a thorough Biochemical assessment of your health, as well as 2 day tours in the area! …

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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