Des Moines, Iowa - The Principal Financial Group is introducing an online tool--called the Treatment Cost Advisor--designed to help members evaluate the price of specific procedures as well as medications. The tool responds to a growing need from employers who are encouraging employees to make smarter health decisions."Understanding health care costs is complicated, so we wanted to offer a way for our members to identify and compare pricing for everything from minor procedures to surgeries and hospital stays," says Carey Jury, senior vice president of the health division for the Principal Financial Group. "As consumer driven health care continues to evolve and more responsibility shifts to employees, we must provide tools and resources to help our members make informed health decisions."
The Treatment Cost Advisor gives access to prices for a wide range of services, tests, physician visits and medications. Employees provide information about their current condition, age, gender and location and then receive estimated costs for procedures covering primary care, specialist visits, treatments, and others. Additional features include definitions for specific medical conditions as well as tools such as "Questions to Ask Your Doctor" and a hospital locator.
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