The TiC Rule marked a significant shift towards empowering healthcare consumers through the requirement that health plans offer a healthcare service shopping tool. This tool is not just about compliance; it's a revolution in how members engage with their healthcare choices.

Member Empowerment: By providing a platform where members can EASILY compare costs for different healthcare services, these applications empower individuals to make informed decisions based on price and quality.

Cost-Effectiveness: When members have access to clear, comparable information, it encourages them to seek out high-value care. This not only helps them minimize their out-of-pocket costs but also drives overall market competition, potentially lowering prices and improving service quality.

Enhanced Satisfaction: Access to a healthcare service shopping app that isn't overwhelming increases member satisfaction by enhancing their ability to manage their health expenditures proactively. This tool provides a sense of control and reassurance that they are getting the best possible care for their investment.

Call to Action: Let’s champion the use of healthcare service shopping tools that are simple for members to access and shop for services!

Deerhold Ltd. can answer the call with our PRIZM Shopping product, transforming plan specific Payer MRFs into a consumer-friendly shopping experience. Our application is simple for members to use and affordable for those offering group health plans to provide. Layering in accumulator and cost share data, members can confidently shop for healthcare services with full understanding of personal financial impact. Contact Pete Titas for a demo. 😄