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5 Ways You Should Be Using Technology To Lower Your Medical Expenses

5 Ways You Should Be Using Technology To Lower Your Medical Expenses
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Healthcare transparency is not a new term, but the plethora of useful tools quickly becoming available to patients are. Healthcare transparency, in short, is the action of allowing patients to make value-based healthcare decisions by providing meaningful cost and quality information.

1. Healthcare Transparency Tools

In its most basic sense, healthcare transparency is comparison shopping for healthcare on an online platform. Think Google Shopping or Shopzilla, but for everything health related. These comparison shopping tools are typically provided by your insurance provider to help you determine how much you will have to pay out of pocket for your healthcare services before services are rendered.

These comparison shopping tools are typically provided by your insurance provider to help you determine how much you will have to pay out of pocket for your healthcare services before services are rendered. Case studies show that healthcare transparency tools can save on average up to $74 per month per patient in health care costs in some states.

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2. Remote Monitoring Systems

Remote patient monitoring systems allow real-time data to be quickly accessed by patients, caregivers, and doctors. They can also record critical information and patterns related to the patient’s physical state, mental state, vital signs, and even medication adherence. That information is quickly uploaded and made available to members of a healthcare team including nurses, doctors and family members.

Remote monitoring systems can save money in a number of ways, and those may end up even becoming more numerous with new technologies. For instance, by focusing on clinical vital signs with pre-set triggers, physicians can ensure that small problems don’t become big ones by addressing problems in real time. Not only can this directly save a life, it can also save thousands of dollars by potentially preventing emergency healthcare services.

Remote monitoring systems don’t only save money at home, they save money in the hospital as well. One study shows continuous remote monitoring of inpatients from their beds could save $224 to $710 per patient per year.

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3. Telehealth

Telehealth and telemedicine typically refer to “virtual doctor visits”, which are two-way interactions between a patient and a physician via live video conferencing technology. Live video can be used for both consultative/diagnostic as well as treatment services. It’s not hard to imagine how virtual doctor visits can cost less and save time.

While telehealth should never be considered a substitute for emergency care, it is an easy way to increase convenience and significantly reduce healthcare costs. Some telehealth services like Doc on Call 24-7 and Call a Doctor Plus offer monthly plans that cost less than $20 a month. Other services like MD Live offer a per-session cost of around $50.

4. Online Health Condition Management Programs

Online health condition management programs are online tools that help you manage your medical condition from home, hopefully reducing any time you have to spend in a doctor’s office. While these programs may not be for everyone, and they may not eliminate the need to visit your doctor, they can save you a ton of money!

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For example, let’s assume I have a painful back condition called sciatica that requires me to visit my chiropractor on a weekly basis or at least every time I have a painful flare-up. Believe it or not, there is an online management program that will help me manage this condition from home.

This is just one of many online programs developed to help you stay out of the doctor’s office through at home education and action. There are a number of other great online programs that exist for a variety of different ailments including arthritis, and even headaches.

5. Medical Billing Management Apps

Medical billing management apps help patients better understand and manage health costs from their phone, utilising technology that makes aggregating and viewing health claims, insurance information, and medical data easier than ever before.

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Simplee and Inbox Health both offer billing apps that make paying for health services fast and simple. These apps have proven to increase self-payments and decrease collections.

Even though it’s easy to overlook the savings one might have in not being sent to collections, the mere fact that these apps have decreased the number of bills sent to collections makes it is hard to deny the savings these apps are responsible for.

Featured photo credit: ehealth.eletsonline.com via ehealth.eletsonline.com

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More by this author

Breslin Borland

Part time blogger, full time space pirate

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Last Updated on July 12, 2021

100 Incredible Life Hacks That Make Life So Much Easier

100 Incredible Life Hacks That Make Life So Much Easier
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Want to learn some quick and easy life hacks that are easy to do, low cost and saves you time?

By tweaking little things in your daily life, it can make your life much more convenient!

Here’re 100 of the most practical life hacks so you can just pick up any of them right away!

83 tie a small piece of bright colored fabric

    84 write random letter

      85 use a rubberband

        86 dorm smell bad

          87 lean your phone on your sunglassess

            89 how to waterproof your shoes

              90 take a picture of the name card

                91 iron inside out

                  92 old newspaper

                    93 tumble try shoes

                      keep a card like this

                        SONY DSC

                          94 soap bar

                            95 make a hole

                              96 drop the battery

                                97 use a coozie

                                  98 when taking a picture

                                    use a clean dust pan

                                      try a pants hanger

                                        use your cellphone light

                                          use a spring from an old pen

                                            quick and easy iphone speaker

                                              user binder clips

                                                wrap a wet paper towel around your beverage

                                                  put pancake mix in a ketchup bottle

                                                    clean out an old lotion bottle for your beach

                                                      use a muffin tin to serve condiments at a bbq

                                                        doritos are great for kindling

                                                          use nail polish to identify different keys

                                                            use a hanging shoe rack to store cleaning supplies

                                                              freeze grapes to chill white wine without

                                                                use paper clips to organize your cables

                                                                  almost finished your jar of nutella

                                                                    sick of having a box full of tangled

                                                                      unroll the rim to increase the capacity

                                                                        cut open toilet paper rolls and use as a cuff

                                                                          remove the stem from strawberries

                                                                            turn an old bottle into a simple little cord holder

                                                                              for iced coffee and iced cappuccino, use frozen coffee cubes

                                                                                how to fold a fitted bed sheet

                                                                                  tired of snoozing past your alarm

                                                                                    place a rubber band around an open paint can to wipe your brush on

                                                                                      ut a wooden spoon across a boiling pot

                                                                                        use bread clips to save flip-flops

                                                                                          take pictures of friends holding items

                                                                                            how i always know which headphone is the left one

                                                                                              put a stocking over the end of a vacuum

                                                                                                How to make sure you drink enough water

                                                                                                  user a can opener to open blister

                                                                                                    good sandwich guide

                                                                                                      turn your muffin pans upside down

                                                                                                        50 pounds of groceries and living on the 5th floor

                                                                                                          the right way to make a blt

                                                                                                            add one teaspoon of baking soda

                                                                                                              38

                                                                                                                hair straighteners equals to collar irons

                                                                                                                  stack your clothes vertically to see them all

                                                                                                                    the right way to make cookies in the summer

                                                                                                                      how to clean a blender

                                                                                                                        the right way to eat a popsicle

                                                                                                                          use bread clips to label and organize power cords

                                                                                                                            to get the built up residue off of your shower head

                                                                                                                              user a hair clip to orgainize long wires

                                                                                                                                a frozen saturated sponge in a bag

                                                                                                                                  rub stuck zipper teeth with a graphite pencil

                                                                                                                                    use a soda pop tab

                                                                                                                                      50

                                                                                                                                        51 How to multiply large numbers in your head.

                                                                                                                                          52 How to open a bottle if you dont have a corkscrew.

                                                                                                                                            rub a walnut on damaged wooden furniture

                                                                                                                                              kids fall out of bed

                                                                                                                                                use toothpaste to clear up hazy car

                                                                                                                                                  58

                                                                                                                                                    59 keep pizza out while driving home

                                                                                                                                                      60 put your straw through the tab to keep it from rising

                                                                                                                                                        hold oreos with a fork so your fingers

                                                                                                                                                          Never lose your remotes again

                                                                                                                                                            hiding your emergency money

                                                                                                                                                              use a bread tab to hold your spot on a roll

                                                                                                                                                                if you are at a hotel and run out of chargers

                                                                                                                                                                  keep a square of cardboard in a ziplock bag

                                                                                                                                                                    If you need to pee or smoke at a bar

                                                                                                                                                                      drill holes in the bottom of your garbage

                                                                                                                                                                        use an accented letter as your passcode

                                                                                                                                                                          use a squeeze ketchup bottle top with your shopvac

                                                                                                                                                                            do something unusual when locking the door

                                                                                                                                                                              when heating leftovers space out a circle in the middle

                                                                                                                                                                                dont burn yourself in those hard to reach candles

                                                                                                                                                                                  put a small amount of water in a glass when you microwave your pizza

                                                                                                                                                                                    75 use a piece of paper to organize

                                                                                                                                                                                      use half a pool noodle

                                                                                                                                                                                        pencil case to store cables

                                                                                                                                                                                          78 clothespin to hold nail

                                                                                                                                                                                            79 make blts

                                                                                                                                                                                              80 take a picture of your fridge

                                                                                                                                                                                                81 fill plastic water bottles

                                                                                                                                                                                                  82 right ways to eat chips

                                                                                                                                                                                                    99 if your plug keeps failing

                                                                                                                                                                                                      100 put the banana on the wire

                                                                                                                                                                                                        88 before you throw away a post it

                                                                                                                                                                                                          Source: Reddit LifeProTips

                                                                                                                                                                                                          There you go, 100 awesome life hacks that you can try right now to make your life a lot easier!

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