FAIR Health Launches Free First-Of-Its-Kind Medical Cost Look-Up Tool For Consumers
NEW YORK, NY, August 2, 2011 – FAIR Health, Inc. has today launched the availability of medical cost data on its free consumer website, FHSM Consumer Cost Lookup, which is accessible at: www.fairhealthconsumer.org. Consumers can for the first time receive cost estimates for medical procedures and services in geographic areas they specify.
The tool also allows users to estimate the amount that an insurer will reimburse for medical services received out-of-network. The medical cost lookup, along with previously launched dental cost lookup and other free tools, positions the website as the premier destination for consumers looking for independent and transparent health insurance information.
“With the launch of our Cost Lookup tools, we have lifted the veil that has historically cloaked the out-of-network reimbursement process,” said Robin Gelburd, President of FAIR Health. “By visiting fairhealthconsumer.org, the public can now, for the first time, easily find price data that will help inform their health care decisions.”
The FAIR Health site is based on cost information that is collected from medical claims that have been stripped of all identifying information, and that represent over 110 million insured individuals from every region of the United States. This means that consumers can now receive cost estimates that are based on what medical and dental providers actually charge patients and insurers for the services they perform.
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