BUSINESS PERFORMANCE ADVISORS - PRWeb Press Release Account Feed http://www.rsspad.com/rss2a/159404.xml BUSINESS PERFORMANCE ADVISORS - Press Releases en xml@emediawire.com xml@emediawire.com 30 HealthCare Direct (HCD) Introduces True Hospital Price Transparency in its Innovative Scheduled Benefit Plan Featuring Maximum Allowable Costs http://www.prweb.com/releases/2005/09/prweb290440.htm HealthCare Direct (HCD) has introduced a new employee benefit health care coverage product that encourages consumerism in the cost-effective use of employer provided health care coverage. The program saves employer benefit expenses by paying pre-negotiated maximum allowable flat rates to hospitals for 26 of the most common in-hospital admissions. Annual claim cost savings in the range of 10% to 20% are possible. The fixed rate product includes two of the most cost-efficient quality Milwaukee metropolitan area health care systems — ProHealth and Columbia/St. Mary’s. These two hospital systems have agreed in advance to accept the maximum allowable rates as payment in full. Guaranteed fixed hospital rates have been negotiated and are effective until 2008. (PRWeb Sep 28, 2005)

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