Rising healthcare costs are a constant concern for benefit plan sponsors. More of them are now discovering that reference-based pricing (RBP) can be a game-changing strategy to increase price transparency and gain control over the cost of employee health benefits.
HUB International’s case study covers results from 14 HUB clients who adopted a reference-based pricing payment model and experienced major savings on their self-insured medical plans as a result. Median savings were 27% better than the traditional self-insured medical market, with some savings as high as 46%. In this case study you’ll learn: