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About Lab Card Select
Help your members take control of their healthcare decisions by giving them the choice of low-cost laboratory testing with LabCard Select. Using Lab Card Select saves both members and payers money.
What is Lab Card Select?
Lab Card Select is an outpatient laboratory discount program for insurance
companies and payers that market high-deductible medical plans, health
savings accounts and defined contribution plans. By adding the program,
payers provide members with the ability to save money by directing their
laboratory testing to our laboratory.
Why offer Lab Card Select?
- The program reduces cost to both the member and the payer.
- It’s a voluntary benefit — if the member uses Lab Card, they receive additional savings.
- There are no start-up costs or ongoing fees.
- Program designed specifically for high-deductible plans, HSA plans and consumer-driven healthcare.
- Members obtain outpatient laboratory testing from an accredited and
certified laboratory.
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Outpatient laboratory testing comprises more than 5 percent of total healthcare spending, but drives more than 70 percent of healthcare decisions. With Lab Card, payers can save up to 50 percent on outpatient laboratory testing without reducing member benefits or choice. |
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