Satori has established a contract pricing model delivering cost savings of between 40 and 80% on high cost surgical procedures when compared to the same procedures performed domestically. Our pricing model includes all hospital and physician fees, hotel and airfare for the patient and a companion, on-the-ground transportation service, and a Personal Accident Insurance Policy. Our innovative approach is to share the savings of global healthcare with all participants; individuals, plan sponsors and payors. We call this our Health & Shared Wealth Program™.
Through our proprietary model, for the first time the individual consumer is able to share in the savings in a meaningful way when selecting the Satori Global Network™ for their surgical procedure. Satori’s shared savings model utilizes a Health Reimbursement Account (HRA), an employer-funded benefit plan that reimburses employees for qualified medical expenses, and can work in concert with a Health Savings Account (HSA) or other model. Under our model, when an individual selects one of our International Centers of Excellence, they are eligible for a deposit determined by their plan sponsor/employer of between $5,000 and $10,000 into a HRA. The funds deposited are tax-deductible for the employer and tax-free for the employee. These funds allow the employee to have dollars available to offset their future health care expenses (premiums, co-pays, deductibles, prescriptions, etc.). What’s more our program is a 100% medical benefit so the individual has zero out-of-pocket expenses. All deductibles, co-pays, and coinsurance are waived.
Health Reimbursement Account - Examining the Uses and Benefits
Hip Replacement Surgery Through
US Provider Standard Procedure
Hip Replacement Surgery Through
Satori Global Network™ Standard Procedure
Total Procedure Cost: $60,000
Out-of-Pocket
$1,000 Deductible
$4,000 Co-insurance
Total Procedure Cost: $20,000
$0 Deductible
$0 Co-Insurance
$0 Out-of-Pocket
$8,000 HRA Deposit
$5,000 Saved Out-of-Pocket
$5,000 Out-of-Pocket Expenses
$13,000 Cash Flow to Patient $40,000 Cost Savings to Employer
Satori Procedure Cost Includes
All Hospital & Physician Fees
Hotel Accomodations for Patient and Companion
Round Trip Airfare
In Country Concierge Service for Patient and Companion
Personal Accident Policy
All On A Single Bill, In U.S. Dollars
Eligible Expenses for HRA Deposits:
Premium
Deductible
Co-Pay
Co-Insurance
Vision
Dental
Prescription Medicine
Long Term Care
Durable Medical Equipment
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