Open Sesame

Reid Corcoran, Jr. 1/28/2021 3:18 PM

Telehealth, Telemed, Video Appointments:  By whatever name you call it, virtual housecalls seem to have found their (Covid) time. The trend is exploding. Everywhere. It could also be the case that, shopping for care from the comfort of your home, you may also have a chance to experience Healthcare Price Transparency firsthand.

As we previously blogged, hospitals now have to post their prices on their websites as a result of new legislation passed by Congress in late 2020. But the prices are nearly impossible to find, and there's NO practical means to compare. Then there are thousands of providers, clinics, imaging centers and physical therapists who do not fall under the new law.

But there's hope. New web services are popping up all over. One, Sesame, advertises prices for cash payers as low as "$275 to $450" for an MRI, as well as significant savings on many other medical services. There will be more services such as this, and ours, where consumers like all of us can get information. DOC$ believes sharing of medical price information between each other is the best long term solution to bring openness and price competition to the Healthcare marketplace.

We would love to hear from you, your family members, your co-workers. You can join our site with a Username, or you can just email us at support@docscost.com to pass on information in relative anonymity if you prefer. We'd like to know the name of the Provider and what you were charged—cash price before insurance—for services like individual physical therapy services (i.e. evaluation, therapeutic exercise, etc.), MRI of various joints, CT-Scans, and any other billed procedures you'd like to report.

We will put all the information we collect into our database. Then you—along with ALL our users—will be able to view our grid of comparative prices from competing Providers all over your area. When some charge as much as $2,279 for an MRI, wouldn't we all like to know where to go for that $275 MRI? That's a nearly 90% discount, just for knowing where to look!!!

Know the Cost of Healthcare BEFORE You Go In!