MyMedicalShopper Applauds Call for Medical Price Transparency in State of the Union Address

Thursday, February 7, 2019 General News
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MMS positioned to deliver critical pricing and quality information to consumers nationwide to make healthcare more affordable

PORTSMOUTH, N.H., Feb. 6, 2019 /PRNewswire-PRWeb/ -- We applaud the focus of the Trump Administration to make healthcare

costs more affordable and transparent.

As a national solution, MyMedicalShopper is working with employers and employees to create awareness, to educate, to incentivize, and to appropriately reward the prudent decision-making of consumers when accessing healthcare.

Mark Galvin, CEO of MyMedicalShopper, said, "In the State of the Union Address, the President spotlighted the power of 'American Freedom.' This is what MyMedicalShopper empowers."

Our focus is making healthcare more affordable by empowering consumers with actionable information.

We use one of the largest databases of commercial, post-adjudicated medical claims data to power our price transparency platform and suite of cost-saving solutions.

Our flagship product provides patients with an intuitive application they can access anywhere to help them choose providers of thousands of medical tests and procedures based on price, quality, and convenience.

Our robust analytics platform provides employers with the first real-time visibility into their group claims data that helps them uncover and address every instance in which their members are unfairly victimized by hidden pricing.

A recent survey by America's Health Insurance Plans reports 75% of respondents want the government to focus on making healthcare more affordable, while two-thirds support the existing private healthcare system over a government-run system. MyMedicalShopper is becoming an essential component of delivering on consumer wishes.

We have had discussions with private and public sector healthcare leaders across the country, and look forward to working with them to make MyMedicalShopper available, and healthcare more affordable, to more American consumers.

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper's Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group's claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

About MMS Analytics, Inc. (http://www.MyMedicalShopper.com)

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

 

SOURCE MyMedicalShopper



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