Employers on self-funded health plans can reduce healthcare costs by up to 30% when you add an RBP plan to your current healthcare package!
Businesses that
have made the switch have saved money on their healthcare costs.
This plan addition helps employees who have struggled with the financial burden of medical bills and healthcare costs t
Employers on self-funded health plans can reduce healthcare costs by up to 30% when you add an RBP plan to your current healthcare package!
Businesses that
have made the switch have saved money on their healthcare costs.
This plan addition helps employees who have struggled with the financial burden of medical bills and healthcare costs that may be discouraged from seeking treatment by reducing out of pocket expenses.
RBP- (Reference-based pricing) is how your company can restore control of your healthcare expenditures. More control for the company and more control for the employees.
An RBP plan sets the maximum allowable amount upon which claims will be paid. This will help ensure that fair prices are paid for medical services. This can be the Me
RBP- (Reference-based pricing) is how your company can restore control of your healthcare expenditures. More control for the company and more control for the employees.
An RBP plan sets the maximum allowable amount upon which claims will be paid. This will help ensure that fair prices are paid for medical services. This can be the Medicare approved amount or the actual cost to deliver the service based on reported figures.
A reference-based pricing solution starts with the actual cost amount and allows a fair profit margin to calculate the bill. A PPO model, which potentially inflates price and then typically offers a discount.
Consider trading your PPO for RBP reference- based pricing option as it is a business-saving strategy that’s readily available!
The PPO model where employers pay for medical claims based
on discounted billed charges is an expensive route. While a
discount may seem helpful in controlling costs, the amount of the
billed charges is almost always
Consider trading your PPO for RBP reference- based pricing option as it is a business-saving strategy that’s readily available!
The PPO model where employers pay for medical claims based
on discounted billed charges is an expensive route. While a
discount may seem helpful in controlling costs, the amount of the
billed charges is almost always inflated.
What a hospital’s charges and an insurance company’s negotiated
discount are arbitrary figures and fluctuate even within the same hospital system.
If your company strives to improve their cost
management take the first step in that direction by adopting a self-funded or self-insured model for your health plan.
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