A Powerful Solution for Self-Funded Employers

A Clear Guide to Understanding RBPs

In this webinar, we'll discuss the basics of a new concept and approach to payment of services under employer-sponsored group medical plans. Through Reference-Based Pricing, plan sponsors are able to take a “bottom up” approach to the negotiations and contracting of pricing with hospital providers.

Our presentation provides a brief history on employer-sponsored programs and how we arrived at the current environment with the competing and conflicting interests of employers, providers and insurers.

While the discussions around RBP are relatively new to the marketplace, it's a concept that has been around for a number of years, and the program identifies the key attributes of the Third Party Administrators and Stop Loss partners you want to look for when evaluating an RBP solution.  While it's not a solution that makes sense for all groups, for those self-funded employers who are truly interested at getting to the core of their medical spend challenges, there is really no method that does so as effectively as Reference-Based Pricing.

In this webinar you will learn:

• Current marketplace challenges
• How medical costs have become dramatically inflated
• “Bottom up” pricing methodology
• Getting more control over rising healthcare costs