MDsave Employer Solutions. April 10, 2018

Transcription

1 MDsave Employer Solutions April 10, 2018

2 Healthcare Consumerism Landscape High deductible health plans (HDHP) will grow at double digit year-over-year rates for the foreseeable future. 29% of employees are on a HDHP 21.8M Americans on HDHP 90% of US businesses offer HDHP $6,000 per family average annual deductible 110M pay out of pocket 25% ONLY offer HDHP 83% won t reach annual deductible threshold

3 How MDsave can help you & your employees Access pre-negotiated savings of up to 60% on out-of-pocket care through a custom branded employee portal. Over 1,000+ procedures in 28 specialties available through 167 hospital partners in 26 states. Use HSA/FSA funds to purchase procedures. Increase wellness and reduce sick days with affordable access to preventative care. Increase employee satisfaction by helping proactively offset the high cost of healthcare.

4 How MDsave works for employees Compare Local Prices Buy Your Procedure Visit the Doctor Pre-payment covers the entire cost of the visit, meaning no surprise bills.

5 Savings on commonly sold procedures Procedure MDsave Price Compare To* Savings Per Procedure MRI without Contrast $467 $960 $493 (51%) MRI with & without Contrast $746 $1,348 $602 (45%) CT Scan without Contrast $277 $487 $210 (43%) CT Scan with Contrast $420 $565 $145 (26%) Mammogram (Diagnostic Bilateral) $243 $280 $37 (13%) Diagnostic Colonoscopy $1,968 $2,267 $299 (13%) Physical Therapy (45 minutes) $66 $213 $147 (69%) Hernia Repair $4,990 $6,811 $1,821 (27%) Gastric Sleeve $14,308 $15,542 $1,234 (8%) * MDsave prices in Nashville area compared to Healthcare Bluebook Fair Price for Nashville, TN.

6 Keep employees healthy and happy My ENT said that I needed a MRI scan on my sinuses. My out of pocket costs were going to be over $1,200! I bought my procedure online and saved over $1,100. It was almost too good to be true I could hardly believe it. Charlie Paralegal and MDsave customer Even though Charlie had health insurance, the MRI she needed to diagnose and treat her chronic sinus infections cost $1,200 on her high deductible health plan. She was able to buy an MRI on MDsave for only $227. Charlie was able to get her condition diagnosed, received sinus surgery, and is feeling great!

7 Help employees get needed diagnoses When I was diagnosed with a heart condition my doctor suggested MDsave. MDsave was different. They saw me as a person. Without them, I wouldn t have gotten the test and that s just not right. John Snethen Prosthetic technologist and MDsave customer When John, an active athlete, started feeling lightheaded and dizzy, an abnormal EKG landed him at a specialist. The necessary tests were going to cost him thousands of dollars. John was going to skip the tests due to the prohibitive cost, but by working with MDsave he was able to get the tests and discover a previously undiagnosed heart valve deformity.

8 Enable employees to sustain active lifestyles I looked it up. It gave me all these options to pick from, and I thought they were all really good prices. Here s a brand new, state-of-the-art MRI scanner that s just been recently installed in the city at one of the outpatient centers. It was going to be $467 including the read and I was like, that s pretty crazy! Scott Y. Nuclear medicine technologist and MDsave customer Scott needed an MRI to determine how to treat his knee pain. The procedure was going to cost $1,700, and Scott s out-of-pocket portion was $1,500. A doctor in his office recommended MDsave. Scott was able to use MDsave to save $1,100 and is planning to have his surgery (and get back to running) next year.

9 Patient and Provider Satisfaction 91 * MDsave 61 Amazon Net Promoter Score (NPS) is a standard measure of customer satisfaction, ranging from -100 to 100. MDsave outperforms many consumer brands MDsave has been vital for our practice. It is great that it is bundled and patient s don t receive any bills after the procedure. This is a win-win for everyone. Dr. Melodie Stocks, OBGYN It is a wonderful feeling to know that once you purchase, you will not receive a bill. Patient ~10 Insurers and most healthcare companies and insurers. It was pretty simple, painless. I like simple. I think that s what stops a lot of people from going The not knowing the cost of what s involved. Johnny R., Tennessee * Based on post-purchase survey of 1,800 customers.

10 Sign up for your free employee portal

11 Set up your portal with a logo and contact info

12 Employees start from your custom portal MRI with Contrast Nashville, TN

13 Compare prices at nearby providers

14 Exact Description of Procedure and Fee

15 More information about the physician

16 Add to cart, just like other e-commerce sites

17

18 Works with credit cards, PayPal, and HSA/FSAs

19 Voucher redeemable for medical service.

20 MDsave versus other transparency tools MDsave MDsave Premium Other Tools Price Estimates * Guaranteed Price & No Bills * HSA/FSA Integration * Integrated Financing Option * Campaigns and Marketing Materials * Varies Spending Counts Towards Deductible * Automated Claim Filing Exclusive Pricing and Custom Bundles Concierge Support Varies Cost Free! $1-5 PEPM $1-5 PEPM ** Employees submit claim forms directly to insurance provider.

21 How does MDsave get paid without a PEPM fee? Hospitals pay to join our network Providers use MDsave to get paid fast and increase collections. We collect a transaction fee The fee covers the cost of negotiating prices and distributing payments, guaranteeing no surprise bills. MDsave is paid when your employees utilize and get value from our service!

22 Premium add-ons for a PEPM fee Exclusive Savings. Access prices and procedures that are only available to select employers. Self-funded Plan Integration. Steer specific procedures to MDsave at significant cost savings. Concierge Phone Support. Get a dedicated phone number where employees can get custom pricing for procedures not already available on MDsave. Claim Submission. Automatically submit insurance claims so employees can count their purchases towards their deductible without filling out a form. Contact employers@mdsave.com if you re interested in learning more.

23 GET YOUR FREE PORTAL TODAY!