The CarePayTM project is dedicated to improving the healthcare experience by applying technology that enables consumers to identify and select the best cost options for receiving healthcare services, while helping medical practitioners reach and engage with those potential client patients.
Transparency, especially in pricing, helps consumers to make informed decisions and with data from over two million providers, it also helps providers establish fair market rates for their services. Our network will help individuals and the many small and medium businesses who self-insure.
In addition to the web Portal, consumers can use Google Home and Amazon Alexa for speech-based access to the CarePayTM system. The integration with Amazon Alexa and Google Home, allows patients to find and book doctors automatically. AND, our new Employer Platform makes it easy for employers to manage their employees’ health care benefits. Together we can improve the healthcare experience!
US spends two and-a half times the OECD average.
spending, taken as a whole, is very high in the United States, and growing.
From 2005 to 2015, both health insurance premiums and deductibles in the United States tripled, while overall patient satisfaction with health care decreased by 50%.
Only 80% of health insurance premiums go towards paying for service, while the other 20% is lost in administrative overhead. Oftentimes hospitals go unpaid for months, or longer—causing ever increasing costs for those who do pay.
Centers for Medicare and Medicaid Servicesprojected that total health care spending for 2016 reached nearly $3.4 trillion, up 4.8 percent from 2015. According to CMS, U.S. health care spending is projected to reach nearly $5.5 trillion by 2025, a full 20 percent of GDP.
• Secure and Anonymized using private key cryptography
• Transactions are publicly auditable
• No restriction or fee based on user location
IN THE NEWS
The SOAFEE™️ integrated mobile experience and speech-based experience is currently under development using Amazon Alexa skill SOAFEE™️,Google Home skill SOAFEE™️, and the SOAFEE™️ mobile app. The integration with Amazon Alexa and Google Home, allows patients to find and book doctors automatically. That makes CarePay™️ immediately available to over 119 million Americans.