Reference-Based Pricing: Member Advocacy Drives Success
Employers and brokers are bracing for the impact of increasing health benefit costs by seeking innovative solutions to offset rising costs. Reference-based pricing (RBP) is one strategy often used, but there are many misconceptions in the industry about how it works, what the true benefits are, and how members will be impacted by balance billing. A member-centric solution focused on advocacy and transparency impacts program success.
Download this ebook to uncover:
- Common misconceptions
- Why supporting members with plan education, advocacy, and transparency is key to success
- How one employer group reached 67% claim savings with a 0% balance bill rate