Michael Andrade interviews MediBid CEO Ralph Weber Ralph Weber has been a consultant for employers for years. Employers reached the breaking point of expensive medical plans that are low quality. Millions of claims data were studied and found that 35-40% of procedure costs were above the median price. Competition works, but adding transparency ONLY raises … Continued
Ralph Weber is interviewed on Ron Barshop podcast September 25, 2019. Many patients find that their deductible is higher than any insurance savings would be. Hospitals collect 1/3 of their debt by collectors that harass families by all means. These collections are the cash cow of the hospital. Medical debt then in turn affects credit … Continued
Many patients have had surgery fail or have concerns about surgery and are looking for other options. Living with pain and medication is unacceptable and some people have decided to try stem cell therapy. Regenerative medicine is a solution for many people who do not want to have the pain and recovery time that comes … Continued
Cost Effective Self-Funded Plans are Possible with MediBid Self-funded employer healthcare plans are gaining in popularity, even among smaller employers that in the past would have considered self-funding too risky. Traditional health insurance no longer offers the value that employers and their employees look for, and many businesses are turning to self-funding a … Continued
MediBid is Always Adding to its List of Medical Providers MediBid thrives because providers from around the world want access to a competitive healthcare marketplace. A marketplace where providers are rewarded for their skill and efficiency. MediBid offers that marketplace, and so many of our providers found us before we found them. It’s … Continued
Millions of Americans live with conditions that block their nasal airways. This makes it difficult for them to breathe through the nose. Typical treatments would include medication, breathing strips, or painful surgeries. These surgeries can include adding pieces of cartilage near the top of the nose to widen the nasal valve, as well as balloon … Continued
by Ralph Weber Early in May 2014, the administration released guidelines that stated that balanced billing, which exceeds the reference price, is not subject to the employee out-of-pocket limit of $6,350 for single people and $12,700 for those with dependents (in 2014). This means that if your plan sets the reference price for a procedure … Continued
by Lee Kurisko, MD Paleo (caveman) and ketogenic (super low carb) diets are all the rage right now. I used to believe the Paleo diet was a good way to go and that ketosis is a desirable state and also believed that cholesterol was not relevant to cardiovascular risk. Currently, I no longer hold these … Continued
Over the past six months, more than 14,000 emergency room bills have been submitted to a study of emergency room billing practices. Prices have risen greatly over the past decade, and patients are left with most of the bill when insurance doesn’t cover it. American hospital bills are filled with fees that don’t exist in … Continued
by Lee Kurisko, MD One of the fundamental problems with US health care is that patients do not function as consumers in a meaningful way and are not cost-conscious because third parties control the majority of the dollars in health care transactions. Without being consumers that foot the bill, patients are not interested in prices … Continued