The Best Online Marketplace for Healthcare Savings Account Patients!Deal Directly with our Qualified Doctors & Medical Specialists to save money on self-pay care.Medibid’s Doctor-Patient Bidding System allows you to pay less, like the insurance companies!
The Patient Protection and Affordable Care Act (PPACA) will greatly increase the cost of medical care over the next few years, as it becomes fully implemented. Healthcare premiums will continue to increase to the point where they become totally unaffordable. The reason that premiums will continue to skyrocket under the act is that the act completely missed the opportunity to solve the cause of inflated healthcare costs.
MediBid presents the only real solution. When an employer purchases a healthcare plan currently, the medical costs which the plan pays are based on a system of price fixing which lacks transparency and competition. This model is built on false assumptions. MediBid is based on a model of transparency, competition, and market principles. Each and every medical procedure is tendered out to thousands of doctors across the US and overseas when the request is made. Real doctors respond to each request with a price which they have set, based on the information you provided. MediBid has been called the “Priceline of Healthcare” or the “Travelocity of Healthcare” because of this.
MediBid.com is the only company of its kind. Unlike the other guys, we don’t refer you to a particular doctor or facility, we actually give you CHOICE. You choose the doctor or medical facility that is right for YOU. You create a request describing the medical procedure you need, no matter how big or small, and doctors and facilities from all over the country and the world Bid on your request. We let the doctors come to you. They Bid upfront, cash prices, and you choose the doctor that is right for you based not only on the price, but on their location, credentials, accommodations, etc. Once you accept a doctor’s bid, the entire relationship is directly between you and your doctor, as it should be. Here at MediBid, we value patient privacy, freedom of choice, access, and transparency.
Employers and TPA’s can harness our unique tools to add transparency and reduce costs in employee benefit plans. Transparency is good, but transparency alone will not save you money. When transparency is combined with doctors competing for your business you will achieve sustainable cost reduction, which will add to your overall cost containment strategy.
Employees log in to a proprietary online portal, so they can see the cost of care before they obtain it. Once they click on the MediBid button, their request will be tendered out. Employees usually get prices which are 80% lower than billed rates, and usually far less than the big insurance companies put as “allowed” rates on your Explanation of Benefits (EOB) slip.