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Healthplace America Delivers the First and Only Surgery Benefit Management Solution Through the Healthplace Benefit(TM)
Date:11/20/2008

LISLE, Ill., Nov. 20 /PRNewswire/ -- Healthplace America is pleased to introduce Surgery Benefit Management to the healthcare industry. Healthplace America's flagship product, the Healthplace Benefit(TM), is the first and only comprehensive Surgery Benefit Management solution that delivers cost savings to employer health plans while enhancing employee benefits with quality and savings for surgery.

Surgery accounts for $700 billion of today's $2.3 trillion annual healthcare costs. Out of total surgeries, 75% are elective procedures, and up to one-third of those unnecessary.* In addition, costs are increasing faster for surgery than for many other managed health benefits, such as pharmacy benefits.+

"While a range of products and services are available for employers to manage their pharmacy costs and other health benefits, surgery costs and benefits have remained generally unmanaged ... until now, with the Healthplace Benefit(TM)," said Healthplace America CEO, Ken Erickson.

The Healthplace Benefit(TM) supplements employer's health plans with world-class U.S. healthcare facilities and surgeons who offer low, fixed-rate pricing in order to attract pre-paid patients from around the country. As a result, employers typically realize 30%-50% savings on major medical procedures -- such as heart surgery, joint replacement, spine surgery, cancer care, bariatric surgery and more -- while reducing re-admission and re-operations through high-quality outcomes the first time around. Additional cost savings are realized by eliminating unnecessary procedures with a unique Expert Opinion Program, included in the Healthplace Benefit(TM).

What's more, with the Healthplace Benefit(TM), health plan members share in the savings with no co-pays, deductibles or coinsurance while receiving superior medical care.+ And in many cases, members receive a cash incentive that translates into significant personal out
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SOURCE Healthplace America
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