Healthcare price transparency is here. Or is it?
The Consolidated Appropriations Act of 2020 mandated that hospital and payer prices be made public under the Transparency in Coverage Rule.
Read our post on why this has not yet yielded the patient benefits it was intended to do.
Offered through employers as an added health & financial benefit to their employees
Bundled with existing plans as a way for members to find the lowest prices within your offered networks
Money saving service for members of cash based plans such as healthshare plans and Health Reimbursement Accounts (HRAs)
Yes, I want to know when I can join shopMD
Who are High-Value Providers?
Like all providers in the US, high-value providers are board-certified physicians with medical training and licensing - but offer much lower prices than others in their area.
What is the Price Difference Between Low-and High-Value Providers?
The price difference is massive in healthcare. Using high-value providers is like getting a 50%-90% discount right away.
Is it Easy to Locate High-Value Providers?
It is not easy, but shopMD makes it easy. A provider's name, location, or size of office by itself does not tell you if they are high-value, low-cost or not.