Profits are soaring for Health Insurers and profit projections are only increasing. Wall Street doesn’t like declining projections and these are public companies. The question is, who is looking out for the consumers best interest? Medxoom helps employers and their employees find the highest quality lowest price medical providers.
“The U.S. spends more per capita on health care than any other developed nation. It will soon spend close to 20% of its GDP on health” – We’ve shifted from spending on health services to spending on health insurance, and the problem is the insurance company and healthcare providers don’t disclose pricing for services, procedures, or medications and costs are rising faster than inflation. Medxoom can help self-funded employers shine a light on opaque pricing.
Healthcare costs vary not just across hospitals, doctors, and procedures, but prescription costs as well. Many times there are so many partners layered into the logistics of the healthcare industry, that costs become grossly inflated for including everyone’s service. The problem isn’t always that there are so many partners involved, but that there’s no way to compare options as seen in this article. Medxoom can help you find the lowest cost prescriptions.