Innovative benefit designs can help you infuse value into your health care purchasing strategy. One such design is reference pricing. Reference pricing establishes a standard price for a drug, service, or bundle of services and requires plan members to pay any allowable charges above this price. Reference pricing, especially when paired with transparency around health care prices and quality, can help reduce variation in the cost of care and help consumers make higher-value health care decisions.
This webinar will review:
- The impact of reference pricing on the market
- How it can be implemented most effectively to achieve value
- How price and quality transparency work with reference pricing
Recorded July 25, 2017