MediBid: The Travelocity for Healthcare?

MediBid has been called the Travelocity for healthcare because what Travelocity did for airline travel in terms of bringing transparency, MediBid has done for medical are. Have you ever heard of someone going to the hospital for medical care and getting a HUGE bill after the fact? MediBid allows doctors to bid for your care with complete transparency, and when doctors compete you bid.

MediBid has already saved patients over $100,000 in medical costs this year alone, which is why people are calling MediBid the Travelocity for Healthcare.

MediBid: The Travelocity of Healthcare?

PASO ROBLES, CA – At a time when ObamaCare threatens Americans and their progeny with unbearable healthcare costs, a company called Medibid may do for healthcare consumers what StubHub, PriceLine and eBay have done for consumers. By linking patients to doctors who set their own prices, Medibid provides an international platform that takes the middlemen out of your healthcare decisions. HealthcareIT reports:

“MediBid helps physicians to expand their fee-for-service practice through private contracting,” said MediBid founder and CEO Ralph Weber. “By removing the middleman from medical care, MediBid makes it possible for the uninsured, the underinsured, Canadians on a waiting list, people using a high deductible healthcare plan with an HRA or HSA and people seeking experimental procedures, elective surgery or a non-covered procedure to be able to afford the care they want and need.”

The online portal will allow the physician, known as a “bidder,” to respond to requests for care from the patient, or “seeker.”

Company officials said prices will not be regulated and the portal will allow physicians to tailor bids on a case-by-case basis.

“The medical middleman has driven up costs for both patients and physicians without regard for quality of care,” said Weber. “Medical bureaucracy interferes with the practice of medicine. This is bad for doctors and patients.”

This solution is long overdue – and one that reminds Americans of the difference between private innovation and government solutions.

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