Transparent Health Network Unveils Plan to Provide Working Uninsured/Underinsured Access to Affordable Health Care
Nov 04, 2009 (Close-Up Media via COMTEX) --
Company: Rite Aid Corp. (RAD)
The uninsured and underinsured have a new low-cost option for obtaining health care services and prescriptions at significantly reduced prices, thanks to Transparent Health Network, a non-insurance health care access plan introduced in the New York metropolitan area, the Company reported.
In a release, the Company noted that for a low monthly fee -- $39 for an individual; $54 for a family -- Transparent Health Network members gain access to a growing provider roster that includes primary care, specialist and ancillary health care providers who have contracted to care for them at reduced fees. They also gain access to discounted pharmacy benefits, available exclusively at 400 Rite Aid stores across the New York area. Transparent Health Network is not insurance, so in return for the reduced fees, members pay the providers directly, at the time they receive care.
"Transparent Health Network is, quite simply, a health care access model that makes sense. More and more people have been losing their insurance coverage or finding themselves unable to afford the premiums. Now, for the first time, there's a way for providers to help them," said Leon Smith, MD, past chairman of Medicine, St. Michael's Medical Center, Newark, NJ. "Unlike any plan I know of, Transparent Health Network levels the playing field for these patients by providing both fair prices and true transparency, so they can make educated decisions about their care."
"Transparent Health Network was created on the premise that health care can and should be affordable, even if health insurance is not," said Betty Heiman, CEO and founder of Transparent Health Network. "It has always been appalling to me that the most vulnerable patients, the uninsured--who lack the purchasing power of a network-- usually pay the most. Transparent Health Network is a cost-effective solution for these people."
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Company: Rite Aid Corp. (RAD)
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