Health Alliance Medical Plans, a provider-sponsored health insurer in the Midwest, has licensed Thomson Reuters Treatment Cost Calculator, an application that tells health plan members how much they will pay out-of-pocket for upcoming healthcare services.
The Treatment Cost Calculator generates cost estimates based on a health plan's claims data at the provider level, so the estimates reflect plan payments to providers. These treatment estimates are then personalized for the member using real-time benefit information in order to provide relevant, accurate information.
With this information, health plan members understand their expected costs and how these costs vary by provider, a key consideration in their healthcare decision-making.
"Consumer-driven healthcare translates into consumer need for information," said MaryAnn Tournoux, vice president of sales and marketing for Health Alliance. "This solution will help our members better understand their benefits and estimate their costs before receiving healthcare to avoid surprises and engage people in fully understanding their options."
"Healthcare consumers need accurate, detailed information specific to their financial and medical circumstances," said David Crean, senior vice president for the Healthcare & Science business of Thomson Reuters. "Health Alliance is providing that information to its members and supporting a growing market need for reliable information at the provider level. We're honored to be a part of this solution."
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