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Trusted VIP access to the largest direct contract network of world class healthcare providers.
The Real Problem
for 117 million people on self-insured employer plans
Black Box
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Employers can see where their money goes & make decisions about providers their employees can access.
Employers
Providers
Providers are not held hostage anymore. They can negotiate with employers directly giving them control.
Blue Cross
Cigna
Aetna
United
Anthem
The Real Solution
No Black Box
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The Impact of Coral
Average Knee Replacement Cost
$14,200
Medicare
$25,500
Provider A
$26,500
Provider B
$29,300
National Avg.
$33,100
Provider C
$68,000+
Hospital Avg.
$20,300
Coral
Every dollar after this point is wasted with other models
• Employers save millions
• Patients get care for free
• Doctors increase their pay 80-200%
• Facilities reduce their overhead by 25-30%
Total knee replacement surgery can cost $32,570 on average, with prices ranging from $14,188 to $49,016. Learn more about the procedure below – Care Credit
The median price for a major hip or knee joint arthroplasty without complications was $68,016 (range: $39,927 – $195,264) – Journal of American Academy of Orthopedic Surgeons
WHY CORAL?
Millions of transparent priced medical services in all 50 states
Centers of Excellence
Providers who want a no risk way to offer the highest quality cash pay services.
Providers
Facilities that want to offer care at the best in exchange for fast payment.
Facilities
Self insured employer plans that want to offer a no out of pocket center of excellence option and want to kill the bad patient experience of RBP.
Self-Insured Employer
Multi-Employer plans such as Level-Funded, Captives and PEOs that build plans with Coral at the center and use a tradional PPO wrapper.
Multi-Employer
HDHP Plans that need to ease the patient cost burden of the plan with direct access to Coral.
HDHP Plans
Organizations that want to provide a comprehensive nationwide option that can accommodate the special legal and operational requirement of the state.
Healthcare Sharing
Brokers and Plan Advisors who are helping self-insured employers move to plan designs that are more effective for employees and lower cost for the plan sponsor.
Brokers and Plan Advisors
THE CORAL ECOSYSTEM
One place to standardize and scale .
CORAL ECOSYSTEM
Use the Coral marketplace, or create your own private marketplace for bundled medical services. Only high-quality providers, and payers are permitted entry into Coral which improves the overall experience for everyone.
CORAL ECOSYSTEM
One easy contract
With one easy to understand contract, any verified payer or provider can start and scale their direct contract and bundled priced programs.
CORAL ECOSYSTEM
Send referrals and manage care – all in one place. Easily connect to providers, employers, Third Party Administrators and Care Management Companies.
You’re in control
Employers, Health Plans & Care Navigators:
Build your own custom zero out of pocket program. Discover High quality providers that meet your needs, whether you value cost, quality or accessibility most.
Providers:
Set your price points and decide who you want to work with. Employers drive patients to you, for high quality competitively priced services. CORAL IS FREE FOR PROVIDERS.
For Payers
- 20 core types of care, for zero out of pocket
- A world class experience
- Travel for the best care, or stay local.
- No bills whatsoever, roll out the red carpet.
Employers and Health Plans
- We like to serve employers with more than 50 and less than 5,000 lives, who feel the impact of every dollar saved.
- Build your own direct contracts or we can do it for you
- Save money, and stop paying middle men massive fees
- Establish a community of providers that take care of your people
Care Navigation Companies
- Coral is the #1 enterprise care navigation platform
- Use the largest bundled marketplace in the nation
- Add your own Contracts or RBP friendly providers
- Manage referrals and deliver a 5 star experience
- Use Coral to bill clients
Who are Coral’s customers?
PRESS
This one Type of Health Coverage Often Gets the Worst Rates.
Hospital Prices Vary Wildly Even in the Same City
Price of a Common Surgery Varies From $39k to $237k in L.A.
Plans and Payers using Coral save 50% or more
We transform the patient experience and healthcare plan cost by delivering the best providers and facilities using the Coral bundle price and percent of Medicare direct contracts accessed via the Coral Platform and Care Team. Plans and Payers participating in Coral’s instant pay service always receive the best price available.
We remove the expensive overhead and transaction risk that sits between the Patient, Plan and Providers which translates to VIP access for patients, large cost savings for plans, higher professional fees for Providers and fair fast payment to facilities.
If the patient has a condition for which there is no existing contracted provider/facility, Coral immediately creates a curated solution.
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https://www.thecoralplatform.com/
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