Priority Health, a health insurer based in Grand Rapids, MI, has developed a new app that allows its members to compare costs of various medical procedures in different hospitals in Michigan. The estimator aims to help consumers assess healthcare costs because of the higher deductible plans employers are issuing. Price transparency and user-friendly apps are essential for consumers who are being forced to take more responsibility of their healthcare costs.
The cost estimator is available online at priorityhealth.com and through a mobile app. The customer is able to choose a procedure and then select a physician/facility. The app is then able to estimate the expected cost of the procedure based on the patient's deductible and coinsurance payment.
Summary by MedicalGroups.com
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