Thursday, April 27, 2017

This Company Wants to Show You the Cost of Health Care

This Company Wants to Show You the Cost of Health Care
"For a patient looking to see a doctor for any given medical procedure, costs often vary wildly based on the facility or physician.
Take non-surgical repair for a broken ankle.
For a 26-year-old female insured by Cigna who chooses a top-rated orthopedic surgeon in Washington, D.C., such a procedure costs $1,729.
But if she chooses another top-rated orthopedic surgeon in nearby College Park, Maryland, the procedure costs $1,199.
That’s according to a company called Amino, which mines data from billions of health insurance claims from the private and public sectors. 
Amino then gives patients access to information on the cost of various procedures and how much experience doctors nationwide have in those procedures.170419_aminoembed
And in the age of rising deductibles and out-of-pocket costs for health care, this Silicon Valley-based company is working to put more of such information in the hands of  patients..."
Read on!

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