Joe Thomas of WCHV, Charlottesville, VA interviews MediBid CEO Ralph Weber from FreedomFest in Las Vegas, NV July 2015. MediBid has doctors, surgery centers, and hospitals in ten countries. Most patients who use MediBid have employer-based and self-funded health insurance plans. When a patient places a procedure request, that request is sent out to 6000 physicians. After bids are received for the procedure, patients can see not only the price and what fees are included, but the education, training, and experience of the physicians. The list of participating physicians is growing all the time.
Thomas, Joe. “Want a Free Market Fix to HMO’s? Meet MediBid”. WCHV, 10 July 2015. Web. 15 Jul 2015.