Referenced Based Pricing: A Solution for Employers to Cut Health Plan Costs

Reference based pricing strategy in healthcare is revolutionary. It helps both employers and employees save money by paying reduced aggregate amounts based on a percentage of what Medicare reimburses these providers. It’s truly helpful for them to bend healthcare costs downward.  Let’s Explain the Benefits of Reference Based Pricing Strategy.  With the reference based pricing…

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Top Secrets to Making Reference Based Pricing Work in the Covid-19 World

The US spends $ 3.6tn a year on health. Post Covid-19 times, this spending is breaking all previous records and people are really concerned about high out-of-pocket costs.  In times of the Covid-19 pandemic, healthcare experts anticipate healthcare costs will continue to rise. In April 2020, a health report estimated that $163.4 billion in direct…

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