Catalyst for Payment Reform

Action Brief: Reference Pricing

Action Brief: Reference Pricing

Reference pricing has been shown to reduce health care spending for certain prescription drugs and services. Additionally, reference pricing or reference based pricing sends a clear signal to high-priced providers. The Reference Pricing Action Brief describes how reference pricing can engage member populations in shopping for health care services and help increase use of high-value (e.g. high-quality, low-cost) providers.

Check out the Referencing Pricing Action Brief to discover:

  • What reference pricing is and what problems it tries to solve;
  • How reference pricing works;
  • The range of approaches to referencing pricing;
  • Examples of reference pricing in action;
  • Possible implementation challenges purchasers may face;
  • The spectrum of reference pricing strategies; and
  • What actions purchasers can take to pursue this strategy!

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Type: Action Brief



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