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What is Reference Based Pricing?
An employer may utilize reference-based pricing services on top of their existing PPO network or use an RBP Service to replace their current network. Why would an employer use such a service? The keyword is “transparency.” Using reference-based pricing, the employer can save money on their healthcare spend. The RAND Corporation found that private U.S. health plans, sponsored often by the employer, pay more than 200% of what Medicare would pay. (RAND Corporation, 2021)
Contact us to see how much BenefitHelp can help you save.
Contact Mark Holland at 901-201-5040 ext 4015 to learn more.
Let’s Talk! – Schedule a Meeting: https://buff.ly/3ooN2AL
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