SAN DIEGO--(BUSINESS WIRE)--DoctorGlobe, the nation’s first online U.S. domestic hospital-shopping interactive platform, announces the release of its white paper “How Employers Can Inspire Plan Participants to Find Better Care for Less.” Authored by Tibi Zohar, co-founder and CEO, DoctorGlobe, the paper outlines how its smart proprietary algorithm – ranking 120+ surgery procedures across 2,800+ hospitals nationwide – helps self-insured plan sponsors, brokers and benefits consultants, Third Party Administrators, stop-loss insurance carriers, ERISA groups, and labor unions, curb healthcare costs.
“DoctorGlobe overcomes the lack of price transparency in healthcare, and unleashes 21st century tools to engage plan participants in a rewarding healthcare shopping experience,” Zohar says. “Accessing the most cost-efficient hospitals, wherever they are located, stimulates the online shopping appetite and turns plan participants into seasoned healthcare consumers. With a focus on choice, flexibility and affordability, self-insured employers and plan sponsors save money, while providing their employees and plan participants access to the best care.”
DoctorGlobe’s bonus-incentive strategy replaces the traditional approach by waiving out-of-pocket costs for the plan participant, and providing a cash award as a part of the corporate savings. The smart empoloyee incentive plan is wrapped and delivered to the patient by a familiar online consumer-friendly web 2.0 platform.
The solution finds and ranks hospitals based upon distance, cost and quality across the country, offering plan sponsors the choice to work within their provider network, with out-of-network providers -- or both. Employers also have the option to choose any combination of a percent of whatever savings the solution creates and a flat fee based on a per-employee-per month charge.
“With out-of-pocket healthcare costs on the rise, this familiar high-tech online delivery overcomes the confusion and inconsistency of healthcare prices, and finally puts plan members in the driving seat,” Zohar concludes.
DoctorGlobe, the first and only online U.S. domestic hospital-shopping platform of its kind, helps self-funded companies and their employees to discover better care for less. Utilizing a ‘big data’ and ‘crowd wisdom’ approach, coupled with a smart employee incentive program, DoctorGlobe’s proprietary algorithm ranks 120+ surgery procedures across 2,800 hospitals, ensuring that every plan participant can seamlessly find, compare, and reserve their care. Visit: www.doctorglobe.com.