A Free Benefit for Georgia Board of Regents Members
Retaining and attractingthe best employees ischallenge # 1.Better benefits can help!
70% of radiology exams are done by providerswho charge above-market prices.11Becker's ASC Review July 1, 2021 estimated that nearly 70% of MDs are employed by hospitals or multi-specialty clinicscompared to <47% in January 2019 (23% increase in < 2 1/2 yrs.).Radiology exams can be abig member expense.Controlling healthcarecosts is also a top priority.1
Know the Costs® Radiology Benefits cost to Members savings for Board of RegentsNo surprise medical bills for MembersNever, ever, Ever$0 25%+
$ 0Co-payDeductibleCo-insuranceMRI PET CT Digital X-Ray Ultrasound Nuclear Medicine Bone Density
5 6Our Clients include:MunicipalitiesManufacturersFood ProcessorsEducational SystemsDistributorsTruckingProfessionals UtilitiesKnow the Costs® Operates Outsidethe Carriers' Plan Designs
Know the Costs® Uses a Selective Subsetof the Carriers' Provider Networks24 States and Counting!
MRI $925Hospital MRI$2,800CT $825OutpatientRadiologyCostsSavingsWith Know the CostsBig Picture SavingsOutpatientRadiologyCostsWithout Know the CostsOutpatientRadiologyCosts®Typical MRI, CT Cost Savings Hospital CT$2,400®Average savings = per member/yr.Savings = $150 $15,000,000/yr. 2per 100,000 members2
Easy ImplementationMember participation is always optional. No changes to carrier contractsBoard of Regents pays a lower cost.4Fewer claims from high-cost providers33Know the Costs® is an out-of-network benefit4
Easy Implementation1Member census sent to KTCM e m b e r C a r d12KTC mails enrollment guides + cards to members
Members show KTC card instead ofinsurance card.Option 2: Phone CameraUsing Know the Costs® Option 1: MD OfficeTake a picture of your imaging orderSubmit to Know the Costs®
Ongoing Member EngagementKnow the Costs® regularly educatesmembers about radiology savings:Member Guides Direct Mailings Newsletters Emails Texts
A Know the Costs® advisor explained to apoliceman how he could save $1,700 on anMRI. His wife called later to thank us andexplained how important $1,700 was to thefamily budget.Member Feedback An advisor received the following message froma member."I wanted to thank you again for yourpersistence in helping me with getting anultrasound scheduled. I also wanted to let youknow the facility was an amazingexperience...Thank you again for everything youdid to facilitate making this happen!"
Customizable Reporting$150$150
New Services Coming Soon! ColonoscopiesOrthopedic SurgeriesKnow the Costs® is a Georgia CompanyWorking for Georgia's Employees.
Copyright 2022(833) KTC-4YOU www.KnowTheCosts.com info@KnowTheCosts.com(833) 582-4968All rights reserved. No part of this publication may be reproduced without express written permission.1711 Meriweather Dr, Suite 112Watkinsville, GA 30677