by Adrienne Snavely Ralph Weber got the idea to start MediBid when his family member was put on waiting lists for care in Canada. Moving to the US and willing to pay cash to get the procedure done, he discovered that by shopping around, you can really save money. He wanted to help others who … Continued
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
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