Posts Tagged ‘price transparency’
MMS Analytics, Inc. Public Comment on Transparency in Coverage CMS-9915-P
Our organization has been in the business of delivering price transparency to medical consumers for six years. Our website allows users to shop for more than ten thousand medical tests and procedures, review the alternatives across more than one hundred thousand medical providers, and choose the care that best meets their needs based on the…
Read MoreBut What About the Carrier’s Tools?
Do you know how often I hear the above question from brokers who are looking to provide a price transparency tool to their employer groups? So much so that, like a typical millennial, (Don’t worry I won’t say it, but it starts with OK and rhymes with doomer) I decided to make a meme out…
Read MoreSeven Cost-Saving Solutions That Reduce Healthcare Costs
According to the 2019 October Department of Labor inflation report, healthcare costs rose 4.3 percent year-over-year, surging to the highest levels in three years. The increasing cost of hospital services and rising drug costs are to blame for this surge, making healthcare costs the fastest growing sector in the economy. If a 4.3 percent increase…
Read MorePrice Transparency Alone Will Not Reduce the Cost of Healthcare Without Consumer Interest in Shopping
The economist, Milton Friedman in “How to Cure Health Care” writes that one of the factors “explaining both the high level of spending on medical care and the dissatisfaction with that spending” is “nobody spends somebody else’s money as wisely or as frugally as he spends his own.” His observation is a crucial factor for…
Read MoreMyMedicalShopper’s Comparison Shopping Platform Receives Independent Program Validation from the Validation Institute
Platform Determined to Produce Measurable ROI and Significant Healthcare Cost Savings Portsmouth, NH – August 28, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, the leading provider of healthcare price transparency solutions, announced that its MyMedicalShopper™ Mobile Price Transparency solution, has been validated by the Validation Institute, an independent, objective, 3rd party organization focused on changing…
Read MoreHow a price transparency tool can help maximize the value of an HSA!
Health savings accounts (HSAs) provide employees enrolled in high-deductible health plans (HDHPs), a tax-advantaged way to save and pay for out-of-pocket medical expenses. Combining a price transparency solution with an HSA account allows employees to decrease their healthcare costs by 30 to 40 percent today and maximize the value of an HSA for future medical…
Read MoreNueSynergy Partners with MyMedicalShopper to Bring Innovative Cost-Saving Tools to its Clients
MyMedicalShopper’s healthcare price transparency and cost savings tools will integrate with NueSynergy’s platform to help employers reduce healthcare costs Portsmouth, NH and Leawood, KS – July 9, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and NueSynergy, an industry leader in consumer-directed healthcare solutions and employee benefits administration…
Read MoreDavid K. Young Consulting, LLC Partners with MyMedicalShopper to Empower its Clients to Reduce their Healthcare Spending
Trusted Benefit Consultant and Administrator Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools Portsmouth, NH and San Antonio, TX – June 18, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and David K. Young Consulting, LLC. (DKYC), an industry leader in consumer-directed healthcare solutions and employee benefits administration…
Read MoreNFP’s Utah Office Partners with MyMedicalShopper to Empower Its Clients to Reduce Healthcare Costs
Employee Benefits Consultant Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools to Control Healthcare Spending for Their Clients Portsmouth, NH and Lehi, UT – June 11, 2019 – MMS Analytics, doing business as MyMedicalShopper, will partner with NFP, a leading insurance broker and consultant, through NFP’s Utah office. The partnership between NFP and this leading…
Read MoreYour employees are wasting $12.49 a day by not shopping for healthcare
Let’s face it, we’re all frustrated by increasing out-of-pocket healthcare expenses. We spend more on premiums, for less coverage, and hope that an unexpected medical claim doesn’t financially ruin us. Pricing in healthcare is not transparent like other markets where consumers can easily determine the price of something before they buy it. It would be…
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