Yes, just like the Priceline Negotiator, now comes something similar called the CoPatient. Usually, I segue in rant berating these third parties but….I love this! I love the concept and I love the company. Their four step process is as follows:
- You submit your hospital bill to them
- They review
- You get their free assessment to argue on your own
- Or, they appeal on your behalf for a fee (a few options but normally 30% of what you save)
Obviously, they only make money on number 4, but so what? You were going to pay more in medical bills. Here is one example they use:
Ellen was diagnosed with cancer last summer. Ellen has health insurance with an out-of-pocket maximum of $5,500 per year. However, over six months of her chemotherapy treatments, Ellen received so many bills from her oncologists that she stopped opening her mail. After paying out over $9,000 to the clinic, she turned to CoPatient for help. CoPatient organized all of her bills and tallied up the statements. Ellen was shocked to learn she had been directly billed nearly $40,000 by her oncologist. Ellen immediately opted in to CoPatient’s appeal service. After countless phone calls to the billing office and her health plan, not to mention sorting through reams of documents, CoPatient’s Advocate, Britta, discovered that instead of discounting her bill by the amount her insurance company had negotiated, the oncologist was charging her the full balance. Ellen saved $31,136 once Britta showed the oncologist’s billing service how to correct the error.
I would love your feedback on this. Am I missing something? I don’t think so. They seem to be one of the good guys fighting for us little guys. Help me spread the news about this company so others can benefit.