Benefits of Disclosure

Civil Disobedience for Healthcare Reform

1) Cost Disclosure at Point of Care gives patients the information they need to make sound medical and financial decisions regarding their healthcare.

2) Cost Disclosure at Point of Care allows patients to negotiate costs with the provider and/or seek care elsewhere without first incurring cost.

3) Cost Disclosure at Point of Care supports price competition at the point of care, where decisions are made and before costs are incurred. Like any other product or service, once the costs are identified they can be compared against other providers. Mobile internet websites such as e-bay, Angie’s list, facebook, twitter, and google enable cost comparison in real-time.

4) Cost Disclosure at Point of Care empowers physicians by centralizing cost information from pharmacies, specialist, medical supply companies and insurance carriers at the point of care where it is needed. This supports better treatment outcomes and enables companies like CVS, Walmart, Walgreens, ___ etc. and hospitals to compete via real time offers based on price, availability, luxury, volume discounts, and coupon promotions, further improving cost reduction for patients.

5) Cost Disclosure at Point of Care provides patients with the information needed to manage medical bills by enabling them to compare pre-treatment cost disclosures against actual charges. The pre-treatment disclosure gives them a viable recourse for protecting themselves from overbilling, inaccurate billing, fraud, and abuse, further reducing costs.

Cost Reduction Mechanisms

Information at the point of care helps prevents patients from "over spending" and allows them to select treatment options within their budgets; thus costs associated with collections, foreclosures, bounced checks, etc. are reduced or eliminated.
Identifying costs before they occur enable real-time comparative shopping via the same internet technologies used by retailers and on-line service providers; thus price competition between competing providers can reduce costs.
Centralizing cost information at the point of care improves treatment outcomes; thus cost associated with failed treatment plans that result in a worsening of a condition that requires more extensive and more costly treatment is avoided.
Processing insurance claims in real-time reduces paperwork and support staff; thus accounts receivables and the cost of labor are reduced for the physician, enabling a reduction in office charges.
Cost Disclosure at the Point of Care introduces competition among physicians for patients and supports market segmentation, allowing providers to compete on price, availability, selection, service, and customer experience; thus cost reductions are achieved by orienting patients to the value proposition of their choice.
Providing patients with a Pre-Treatment Cost Disclosure enables them to verify the accuracy of the actual charges; thus costs associated with overbilling, inaccurate billing, fraud, and abuse are greatly reduced or eliminated.

Main Navigation