MCOL's New myHealthChoices Web Site Helps Consumers and Employers Assess Out-of-Pocket Costs of Hospitalizations With Customizable 'Calculator' That Comes With Pre-Set HMO, PPO, Consumer Driven Plan Benefit Levels.MODESTO, Calif. -- MCOL MCOL Money Claim Online MCOL Managed Care On Line : --MCOL's myHealthChoices Provides Support in Choosing and Using Health Plans by Providing Resources for Dealing With Increasing Consumer Out-of-Pocket Costs out-of-pocket costs Managed care Health care costs that a covered person must pay out of pocket–eg, coinsurance, deductibles, etc. See Copayment. for Hospitalizations, Such as Deductibles, Coinsurance A provision of an insurance policy that provides that the insurance company and the insured will apportion between them any loss covered by the policy according to a fixed percentage of the value for which the property, or the person, is insured. , Co-Pays and Benefit Limitations and Maximums MCOL, the premiere business-to-business health management and managed care resource company, is pleased to announce the launch of a free public web site: www.myhealthchoices.com. MyHealthChoices has been designed to provide consumers and employers support in choosing and using health plans by providing resources for dealing with increasing consumer out-of-pocket costs for hospitalizations, such as deductibles, coinsurance, copays and benefit limitations and maximums. MyHealthChoices offers free instant memberships to consumers and employers. Members can then access the Out of Pocket Calculator (computer) pocket calculator - A small battery-powered digital electronic device for performing simple arithmetic operations on data input on a keypad and outputting the result (usually a single number) to a simple LCD or other display. and the other member resources provided for choosing and using health plans and dealing with out-of-pocket costs, including free member e-newsletters. The newest service introduced by MCOL, myHealthChoices, has also been designed to work with interested hospitals in providing a local solution to assist consumers and employers with information on choosing and using the health plans, including a customized version of the Calculator and resources for dealing with out-of-pocket hospitalization hospitalization /hos·pi·tal·iza·tion/ (hos?pi-t'l-i-za´shun) 1. the placing of a patient in a hospital for treatment. 2. the term of confinement in a hospital. costs. MyHealthChoices provides a unique Out-of-Pocket Cost calculator for hospitalizations that can be used as an additional tool in evaluating different health plan options. The calculator comes with pre-set HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there and Consumer Driven Plan benefit levels for comparative purposes, but actual specific benefit levels for specific plans can be entered as well. A user enters personal demographic data and selects from a variety of inpatient procedures and treatments, to produce estimated out-of-pocket costs for the chosen health plan benefit option. These estimated out-of-pocket costs provide a relative tool to compare hospitalization coverage between different health plan benefit options. Archie Sanford, MCOL Chief Technology Officer, says, "We underwent significant development and testing of our Out-of-Pocket Calculator to address a variety of complex considerations. The interface is easy for consumers and employers to understand and use." About MCOL myHealthChoices is a division of MCOL, the premiere business-to-business health management and managed care resource company since 1995. MCOL is a recognized national leader in delivering consumer driven care training, information and strategic solutions. MCOL is based in Modesto, California Modesto is the county seat of Stanislaus County in the U.S. state of California. As of the 2000 census, the city population was 188,856. Current census estimates place the population at 206,300. , with additional offices in Portland, Oregon. For more information, please visit www.mcol.com/about.htm, or call 209-577-4888. |
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