In an article titled “Reference-based pricing: 4 factors to consider,” the author advises employers to consider the following before deciding if reference-based pricing (RBP) is right for them: Pricing, flexibility, support, and balance billing. And he’s not wrong.
RBP offers employers medical pricing solutions based on the true cost of care and gives members greater flexibility in selecting physicians and hospitals. But to get the most value from RBP, employers need to have a solution that can fully support their members and successfully address balance billing questions. Enter MedBen.
MedBen has a variety of RBP solutions to meet your RBP needs. These range from single benefit and hybrid to a full-blown PPO replacement.
For more information on the benefit possibilities available through RPB strategies, contact MedBen Sales and Marketing at 888-627-8683.