uMed Market is an online shopping service designed to make shopping for healthcare easy!
We help you not only shop for your healthcare services, but also see what the price is before you pay and save while doing it. If driving 10 extra minutes is worth it to you to save a few hundred dollars, you can make that choice. If you’d rather pay the extra money for a slightly higher rated facility, we help you make that choice too.
uMedMarket helps providers increase utilization and get more cash customers
uMed Market is an online shopping service designed to make shopping for healthcare easy! We work mainly with self insured mid sized companies because they benefit the most from employee shopping for healthcare services. We provide a real marketplace that enables shopping by price, location, provider and ratings on a secure limited access website. uMedMarket is an opportunity for providers to increase utilization of their services while increasing the number of cash customers at no cost since employers pay to subscribe to the uMedMarket network.
uMedMarket provides marketing and sales at no cost to providers. And, these cash customers have no insurance billing or collections overhead.
uMedMarket targets self insured, mid sized companies because we can significantly reduce their annual claims experience, saving money for both employees and the employer. We do this by providing a real marketplace that enables shopping by price. Large savings and shared savings incentivize your employees to shop for services. The more employees use uMedMarket, the more everyone saves. This means employees aren’t paying $2,000 for an MRI, they’re paying $800. This also means fewer employees will hit their deductible, thus lowering employer’s claims experience and lowering reinsurance cost.
How does all this work? If you are self-insured, there are only two people paying for healthcare: you and your employee. uMedMarket leverages agreements with providers to give discounted cash prices to uMedMarket users. To ensure quality, we screen the license and malpractice history of every provider we work with and post available third party quality data for our providers such as Google and Yelp ratings, Leapfrog Hospital Safety Grade, HealthGrades, Propublica Surgeon Scorecard and others.
- Employees pay less for services and so are are less likely to reach their deductible
- Employers experience lower total annual claims which can reduce direct benefits costs and reinsurance costs
Employers pay less direct benefits costs even after employees reach their deductible
uMedMarket provides its customers with truly transparent pricing. The price shown is the price paid. That price is set directly by the provider, not by uMed, so the price is the lowest possible.
Because all transactions count as cash, providers offer the lowest price to uMedMarket customers. These prices are typically lower than insurance pre-negotiated prices.
Payments are directly to the provider. uMedMarket does not get between the patient and the provider. This keeps things simple and saves cost.
Medicine Price Shopping
We’ve partnered with SlashRx. They show the the price of any drug at nearly any pharmacy near you. All you do is show them your uMed-SlashRx membership card, which you can keep digitally or physically, and you get the lowest price which could be your co-pay, the cash price or the uMed price, whichever is lower!
Shop For Services
The uMedMarket Platform allows for you to have control over your healthcare services. We’ll show you all the options and let you decide which provider you want based on location, price, rating or credentials.
You See The Info
With uMedMarket, we show you as much information about the provider as we can. We work with the providers to showcase their strengths as well as making it as easy as possible for you to get to the facility.
We ensure our providers are high quality. Not only do we show you the Google and Yelp ratings, but we also verify the physicians licenses’ are in good standing and there have been no issues in the past.
Some of our providers have walk in facilities but if an appointment is needed, we give you the information necessary to make it yourself, or, if you let us know when you are free, we will make the appointment for you.
uMedMarket helps you save on health care
uMedMarket can significantly reduce your out-of-pocket expense for healthcare. We do this by providing a real marketplace that enables shopping by price before you commit to a service. This means you aren’t paying $2,000 for an MRI. With uMedMarket you’re paying $800. This means less out-of-pocket expense.
How does all this work? uMedMarket leverages agreements with providers to give discounted cash prices to uMedMarket users. To ensure quality, we screen the license and malpractice history of every provider we work with and post available third party quality data for our providers such as Google and Yelp ratings, HealthGrades, Leapfrog Hospital Safety Grade, Propublica Surgeon Scorecard and others.
- Simple Pricing with Cash Discounts for Big Savings
- Easy Online Shopping
- Know The Price Before You Buy
- Works Without Insurance
- Works With High Deductible Plans for Out-of-Pocket Expenses
- Annual Membership Includes Your Whole Household
- Vouchers and Concierge shopping allows individuals who expect just occasional healthcare needs to access shopping on an ‘as needed’ basis without a subscription
- Based and Founded in Upstate Greenville