The Problem:Big insurance companies and high-costhospitals have created "medical cartels". This means much higher costs for bothmembers and employers!
3 The Know the Costs® Solution: a) give members a choice among providers b) lower or even eliminate members' costs c) lower costs for employers
of radiology exams are done byproviders who charge above-marketprices.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 costs can exceed of outpatient expenses. 1413%70%
Know the Costs® Radiology BenefitsNo surprise medical bills for MembersNever, ever, Ever cost for Members savings on Client Claims$0 25%+ 5
$ 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 7
Know the Costs® Uses a Selective Subsetof the Carriers' Provider Networks24 States and Counting!8
MRI $925Hospital MRI$2,800CT $825Big Picture SavingsOutpatientRadiologyCostsTypical MRI, CT Cost Savings Hospital CT$2,4009Most clients will save 25% +Savings
Price Transparency for MembersWhat will my Procedure Cost Me?Free SavingsConsultation Based onReal-Time Member Benefits10
Easy ImplementationMember participation is always optional. No changes to carrier plan designs.Employer pays a lower cost.3Fewer claims from high-cost providers22Know the Costs® is an out-of-network benefit311
Easy Implementation1Member census sent to KTCM e m b e r C a r d12KTC mails enrollment guides + cards to members12
Member obtains MD order.Using Know the Costs® Member submits MD order and appointment requestvia a.) Know the Costs website or b.) requests a text with a secure link.®® A Know the Costs network provider contactsthe member to schedule their appointment.13
PhoneEmailSMS MessagingApple AppMember EngagementKnow the Costs® members can alwaysconnect with a Care Advisor:14
Ongoing Member EngagementKnow the Costs® regularly educatesmembers about savings:Member Guides Direct Mailings Newsletters Emails 15
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!"16
Customizable Reporting$150$15017
Copyright 2023(833) KTC-4YOUwww.KnowTheCosts.cominfo@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