The MightyWELL Physician
Innovate to Solve the Soaring Cost of Healthcare
Affordable
For middle income individuals and families
Flexible
Nationwide Open Network enables choice
Transparent
Medical procedure prices are made clear and known prior to scheduling
Robust
Non Medical expenses like travel, lodging coverage
Doctors for Patient Centered Care
- Restore The Doctor Patient Relationship
- Doctor and Patient Choose Course of Treatment
- Patients are the payer Empowered with Transparent procedure prices
- Providers receive prompt payment at time of service
Financial Impact on Doctor Office
Compare Plan Specifics
| Class | Cigna | MightyWELL Plan |
|---|---|---|
| Plan Type | HSA PPO | Self Funded & HealthShare |
| Deductible | $1,500 | $1,000 |
| Coinsurance | 100% in ntwrk | 100% all docs |
| Network | Cigna | All Doctors Nationwide |
| Office Visit | $20 / $50 | HSA Self-Pay |
Compare Monthly Premium
| Class | Cigna | MightyWELL | Participants |
|---|---|---|---|
| EE | $733 | $330 | 33 |
| ES | $1,100 | $532 | 10 |
| EC | $1,200 | $544 | 10 |
| Family | $1,667 | $1,000 | 6 |
| Total Annual | $600K | $332K | 59 Plans |
Total Annual Premium Savings $286,000
Innovative Plan Design
MightyWELL Partners and Affiliates
Compare: Traditional Fixed vs Innovative Custom
Healthcare Event 2022
Male age 63 diagnosis advanced prostate cancer
Doctor & Facility Choice – GA Urology and Northside Hospital
Procedure Choice – From all options Da Vinci robotic surgery
Transparent – All cost known and paid upfront $87K negotiated to $33K
Affordable – Lower premium and procedure cost fully covered by plan $0 out of pocket cost
Amazing – Robust coverage including additional $100k to offset non-medical expenses like time off, travel and at home care total benefit $132,000
Client Financial Impact
| Expense | ACA | MightyWELL Plan |
|---|---|---|
| Premium | $7,400 | $4,216 |
| Deductible | $5,000 | $1,000 |
| Co-Pay | 80% / 20% | None |
| Procedure Price Quoted | $87,000 | $33,000 |
| Plan Benefit | ? hidden ? | $32,000 |
| Catastrophic Plan Benefit | $0 | $100,000 |
| Client Financial Impact | $13,900 out of pocket | $94,800 client's to keep |
MightyWELL Client Difference $108,700
Does your family and employees have an Excellent
Healthcare plan?
Compare
| ACA | MightyWELL Plan | |
|---|---|---|
| All doctors | No | Yes |
| Pr-Approval | Wait for Approval | No Wait |
| Alternative Treatments | No | No |
| Affordable | No | Semi |
| Flexible | No | Semi |
| Transparent | No | Yes |
| Amazing | No | Semi |
Do you believe ACA legacy carriers have your families
best healthcare interest at heart?
Laparoscopic Gallbladder Surgery Female Age 38
Doctor & Facility Choice – Piedmont Hospital Rockdale
Procedure Choice – Laparoscopic Gallbladder Removal
Transparent – Piedmont Hospital $33,694 initial price quoted
Transparent upfront repriced at $9,500
Affordable – Procedure costs fully paid after $1,000 out of pocket cost
Advocate – Prior to the procedure MW assisted locating and negotiating with an alternative outpatient surgery center. Client used significate reduced price quote and upfront pay option to save thousands.
Client Financial Impact
| Expense | Indemnity Limited Plan | MightyWELL Plan |
|---|---|---|
| Premium annual | $4,000 | $3,060 |
| Deductible | $0 | $1,000 |
| Co-Pay | None | None |
| Benefit Paid | $7,192 | $8,500 |
| Client Financial Impact | $2,231 out of pocket | $1,000 out of pocket |