Get Lit!
I’m really excited to announce that I’m launching Lit Health to help people make better decisions about healthcare.
In 2019, Americans will spend almost $400 billion dollars (out of pocket) on healthcare services but only a small percentage of people really understand their benefits, how they are applied when they get care and the tools that are available to help – like a Health Saving Account.
I definitely feel this. Even though I work in healthcare and have a good working knowledge of the system, it still feels like the wild west. It takes a huge effort to make the best decisions and “play the game” effectively. I say “play the game” because a lot of success is determined by the fine print. For example, did you know…
yoga classes are qualifying medical expenses if you have a doctor’s letter? Awesome but almost no one knows.
a hospital may be “in network” but the doctor you see in the emergency room may be “out of network.” Crazy but true.
some healthcare services, such as MRIs, can have wide price variations ($600 to $3,000), depending on where you go. The imaging centers may even use the same equipment. A 500% price difference is bananas.
I’m going to explore and clarify these situations and many others through Lit Health.
My goal is to empower and arm you with information and tools to be an informed healthcare consumer.
Eddie Ross