Unexpected out-of-network charges can quietly reduce the savings of a self-funded health plan, especially when traditional wrap networks don’t always deliver consistent cost control. To address this, Unwrapped, offered in partnership with MedBen and The Phia Group, provides a next-generation pricing solution designed to bring transparency, fairness, and substantial savings – averaging 76% off billed charges – for out-of-network care.
Unwrapped uses advanced pricing tools based on Medicare rates and other fair-market benchmarks to replace costly wrap networks with clear, consistent reimbursements. It applies to claims of all sizes and includes expert advocacy to resolve balance billing, helping protect both the plan and its members.
Key features of Unwrapped include:
- Fair pricing tied to trusted national benchmarks.
- Balance billing support and legal advocacy.
- Easy integration with existing claims processes.
- Plan protection through strong contract language and reimbursement defense.
This approach represents a smarter way to manage out-of-network costs by combining fair pricing with effective member advocacy.
Interested in how Unwrapped could support your self-funded strategy? Contact your broker or MedBen Marketing to find out more.