Principal Tool Provides Prices of Health Care Procedures

June 26, 2006 (PLANSPONSOR.com) - The Principal Financial Group has announced a new online tool that allows individuals to identify and compare prices for health care procedures and medications.

According to the announcement, employees provide information about their current condition, age, gender and location, and then the Treatment Cost Advisor provides estimated costs for procedures covering primary care, specialist visits, treatments and others. The advisor also provides definitions for specific medical conditions as well as tools such as “Questions to Ask Your Doctor” and a hospital locator. 

“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,” said Carey Jury, senior vice president of the Health Division for the Principal Financial Group, in the announcement.  “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 is available through Principal HealthyConnections. More information is available at www.principal.com .

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