A simple, easy to understand medical bill? If it sounds too good to be true, you haven’t heard about the new medical bill challenge!
The Obama administration challenged health care groups, web developers and other innovators Monday to design a medical bill that patients can actually read and understand, saying a patchwork of content and jargon is overwhelming Americans who just want to know what they owe and why.
One $5,000 prize will be awarded to the person, health organization or company that designs a bill that is the easiest to understand.
Another $5,000 prize will go to the best “transformational approach” to improve the medical billing system, by “focusing on what the patient sees and does through their medical cost estimation and billing experience,” according to HHS.
If you have an innovative solution that you believe will work….you have until August to fine tune and submit your entry. Winners will be announced in September. Forbes Magazine wrote, “Challenge participants will compete to deliver a solution that results in clearer, less complex and more understandable medical bills that ultimately improve the patient financial experience.”
So….once the winners are announced, what does that mean for consumers looking for an easier to understand medical bill? According to a story on “TheHill.com,”A range of hospitals, which together have over 10 million patients, have agreed to try out the winning medical bill design.”
Do you believe this type of approach, one that offers money for the best ideas, will help drive an innovative solution and help develop a medical bill that truly is easy to understand? We’d love to hear your feedback. Let us know what you think. If it does work….it could be blazing an interesting trail. Perhaps, one worth exploring as we continue to look for new ways to make Arizona the Healthiest State in the Nation!