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  • American Women are Drinking More Heavily May 4, 2015
    Barbara Feder Ostrov, Kaiser Health News Whether quaffing artisanal cocktails at hipster bars or knocking back no-name beers on the couch, more Americans are drinking heavily – and engaging in episodes of binge-drinking, concludes a major study of alcohol use. …
  • Shortage of Available Surgery Causes Deaths Worldwide May 1, 2015
    Millions of people die worldwide with treatable conditions because of the lack of routine surgeries, more than from malaria, AIDS, and tuberculosis combined. Five billion of the seven billion people in the world cannot get needed surgery or pay for …
  • Cleaning Tips for a Healthy Home April 29, 2015
    Cleaning your home not only makes it look and smell better, it also can improve your family’s health.  Here are some activities you may not have thought of that will make you and your home healthy and safe: Dust Everything …
  • Using Mobile Devices at Night is Bad For Your Brain April 27, 2015
    Dr. Daniel Siegel, a psychiatrist from UCLA, states that staring into a glowing screen late at night is harmful to your brain and body. Staring at any screen at bedtime, be it computer, smartphone, or ipad, is worse than previously …
  • Few Patients Use Quality, Price Information To Make Health Decisions April 24, 2015
    by Jordan Rau, Kaiser Health News Despite the government’s push to make health information more available, few people use concrete information about doctors or hospitals to obtain better care at lower prices, according to a poll released Tuesday. Prices for …
  • Shopping Tools Save Patients Cash on Medical Care April 22, 2015
    Vicki Burns of New Mexico needed a total hip replacement in 2012, but could not afford the hospital’s non-negotiable cash estimate of $79,000. Within two days of placing a patient request on MediBid, she received two bids. She chose a …

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 $625 and our low price is $399. 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.