While the “health policy analysts”, have been imagining that these procedures are more costly, MediBid.com has been proving that they are in fact very affordable if you let doctors set their own prices in a competitive environment.
Recently, we’ve had a couple of clients request knee replacement procedures. And the rates have been FAR more cometitive than those offered through insurance companies.
When you allow third party payers (government OR insurance) to fix prices, it will always cost more.
MediBid allows doctors to set their own rate, and allows the client to shop not only across state lines, but across international boundaries.