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  • Colonoscopies: Don’t Flush Your Money Down the Drain July 1, 2015
    Preventative medical procedures, such as colonoscopy, are now required to be covered by Obamacare health insurance plans, as well as the anesthesia it requires. What may be more uncomfortable than the procedure itself is the price of the bowel prep …
  • Taking Control of Your Medical Records June 29, 2015
    Leaving your health records solely in the hands of doctors and hospitals is a big mistake. This gives them too much power over your information and increases possibility for errors. When you are in control of your own records, you …
  • High Deductible Plans are Changing Patient Interaction June 26, 2015
    High deductible plans are changing where patients get medical care and how they pay for it. Once a bill exceeds 5% of household income, patients most likely cannot pay for it themselves. Major employers offer high deductible plans (an average …
  • Beet Juice Lowers Blood Pressure June 24, 2015
    A small study in London showed that drinking a cup of beetroot juice significantly lowered blood pressure in hypertensive patients within six hours. After 24 hours, their blood pressure remained lower than those in the control group. The benefits come …
  • Supreme Court Decision on Healthcare Subsidies to Come This Week June 22, 2015
    by Jane Orient, MD The Big Lie of ObamaCare is in the title: the Affordable Care Act. Administration officials invoke “affordable” over and over again. The U.S. Supreme Court could well blow the Democrats’ cover in King v. Burwell if …
  • Shopping While Hungry Leads to Poor Eating All Week June 19, 2015
    A study at Cornell University examined the food selections that a group of shoppers put in their virtual online grocery cart. The shoppers that had not eaten four or five hours beforehand selected 23% more processed junk food than those …

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.