For your employees, their business is not likely medicine and many will not know how to navigate healthcare. Adding a service like this could benefit your plan and employees siginficantly.

1. Medibid has a “network” of providers vetted and validated by quality, patient outcomes, and patient satisfaction. Quality – providers are vetted for quality first. Malpractice, rating services, health grades, and put ratings online. CMS ratings can also be pulled in as well for an additional fee.
2. Service added as a component of a plan either marketed directly to employees or embedded within a Third Party Administrator service enhancement. (This works better with a TPA and plan language that incentivizes or otherwise shepherds folks to the service with good care management and plan language.)
3. When a surgery, MRI, or lab is needed a bid request can be made online or via app. Patient or TPA will securely upload their records and make a request for a bid. Employee/TPA will post the bid including test results, images, etc.
4. Doctors can then see the severity of the problem and also may offer a second opinion about the treatment and treatment options. In many cases, surgery is avoided or treatment altered based off the vast expertise within the network.
5. Doctors will review the records as well as the median price for services and make a bid based off the patient records.
6. Patient has the service and heals.
7. Substantial savings to the plan and plan generally will pay 100% or have a substantial incentive for employees to use the service. There is some flexibility in payment options for a patient share.

notes from Michael Andrade podcast with Ralph Weber solvinghealthcare.net/medibid