Amino goes beyond compliance, contextualizing mandated cost data in an intuitive healthcare navigation experience designed to guide plan members to high-quality providers, facilities, and benefits that maximize cost savings for plan sponsors.
The Transparency in Coverage (TIC) Rule mandates greater cost transparency from healthcare providers and insurers. However, providing cost information alone can be dangerous and expensive: people often falsely equate higher cost with higher quality and will choose high-price care despite the reality that high costs are unrelated to improved health outcomes.
Unless plan sponsors contextualize the influx of cost information with reliable quality data, they risk wasting huge sums of money on high-cost, often unnecessary, care.
Price transparency tools only improve consumer decision-making if members use them. Originally a B2C product, Amino Health has spent years developing a highly engaging product with an intuitive user experience. With new pricing data as part of that experience, Amino steers plan members to the highest quality, most cost-effective corners of their networks.
What is reflected in quality assessments changes dramatically across vendors. Some solutions lean on subjective patient provider reviews and others only evaluate quality at the facility level.
Amino considers 200+ quality measures for providers and facilities, with data around nearly 3 million providers and facilities across all 50 states. As the only healthcare navigation platform certified by Medicare to develop quality measures that reflect variations in the healthcare system, Amino has been recognized by CMS as leading the industry towards better patient outcomes.
Amino has publicly championed price transparency for many years. In addition to participating in the rule making process for the TIC Rule, Amino advocated on behalf of consumer transparency in connection with earlier Hospital Price Transparency regulations and its leaders have participated in industry and government-led working groups. Let Amino stay on top of ever-changing federal requirements and timelines so that you don't have to.