A bevy of start-ups are emerging to give people new ways to liberate them from the control of powerful health insurance companies — it’s about time.
Typically, you go to a doctor, and the doctor keeps your records on file and you can’t access them. But now people are demanding more freedom and transparency, and start-ups are responding.
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The most interesting Revolution Health appears to be offering — though it hasn’t made clear exactly how — is the ability to own and carry your own electronic health records (an idea Steuart finds worthy of venture backing, if it can be done right). That way, if you travel, or change providers, you can be treated wherever and by whoever you want. Also notable are Revolution Health’s service to find a cheap doctor, so that uninsured can avoid the emergency room. Moreover, it lets you compare insurance costs. This is useful, but it’s not clear how you build a business here (since there are several players in this area now).
Revolution is just the latest entrant, albeit one of the most talked about today, because of Case’s fame.
Other companies helping liberate parts of your personal health records (see good summary of the issue here) are CapMed and iHealthrecord.com. There’s another good summary of the industry in this Business 2.0 story.
Separately, the WSJ has a story today about Revolution Health (no link here, because the WSJ requires a subscription, but others covered the launch too), and the response by incumbent site, WebMD.
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Revolution Health will offer telephone-consulting and digital-record services free for a year, to those who sign up within 90 days. The company says it eventually will charge $100 or so a year for a subscription to premium services. WebMD, in turn, released some tools today that look similar to those offered by Revolution Health — users will be able to store and maintain health records for free, and join forums about their health issues.
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