Friday, May 27, 2011

Castlight brings bargain hunting to health care

Many consumers love to hunt for deals for airplane trips or flat-screen TVs, but for a knee replacement or heart bypass, the term “bargain-basement” is somehow less appealing.
Castlight Health brings the art of the deal to the health care sector, giving consumers the chance to compare prices and explore options before they pay for a medical procedure. The San Francisco-based company saw a 250 percent jump in revenue in 2010 and has five companies, such as Safeway, that use its online platform in addition to their existing health care insurance program, with nearly 100 more companies eager to get on board.

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