FairCare App Brings Healthcare Cost Transparency To Consumers

September 17 01:00 2015 by ushadmin

Available now, FairCare released the FairCare app for iOS that provides consumers with the ability to find competitive prices in their neighborhood for any of the ten thousand medical procedures available in the U.S. As easy to use as Google search, users simply key in the name of a medical procedure and FairCare will display the lowest, highest and average price for that procedure in their ZIP code. The search results furnish users with a list of doctors that can perform the procedure.

Healthcare is the only product that consumers buy without knowing the price, and have no recourse but to pay the often shockingly high bills.

The same procedure can cost up to 10x more if choosing the wrong provider.

$5,181 is the average deductible for a bronze plan.
60% of personal bankruptcy filing each year is related to medical bills.
57% of patients are unaware that physicians charge different prices for the same service.

“We must shine a light on healthcare costs, so that all healthcare consumers can begin making informed decisions,” says Eric Duprat, the CEO and Co-Founder of FairCare. “We have been able to assemble data derived from tens of billions of medical claims nationwide. Anywhere in the country we can now have an estimate of the cost of medical procedures. You will be shocked by how much some of these procedures will cost you.”

The FairCare app is immediately available for iOS devices thru the App Store. Download it now, and start making smart decisions about your medical costs.

Founded in December 2014, FairCare Inc. is a medical big data software company focused on uncovering medical costs, and empowering consumers to make smart choices for their healthcare. With FairCare, consumers will find prices for the ten thousand available medical procedures in every ZIP code. Through crowdsourcing and machine learning, FairCare will offer detailed estimates for medical charges from nearly every doctor and hospital, and build the platform permitting everyone to begin taking control of their medical expenses…