In my 25 years in the insurance business I’ve seen many changes. But there’s always been one constant: Healthcare and pharmacy costs continue to accelerate and no regulatory action has been able to ...
Reference-based pricing has emerged as one way for self-insured employers to control costs. But the measure is not without controversy. So what’s the appeal? There are typically large discrepancies ...
Most medical decisions are made without knowledge of cost because that information has traditionally been unavailable, resulting in consumers being frustrated when surprised by a medical bill. In the ...
The financial pressures surrounding COVID-19 have led employers to look for new ways to contain health care costs. Payors are using reference-based pricing (RBP), saying goodbye to traditional ...
It is no mystery that health care costs and insurance premiums are spiking higher than Americans can afford. Two factors — lack of industry transparency and burdensome government regulations — have ...
Faced with high and rising health care costs, some Vermont policymakers are eyeing a new strategy to address the problem. Reference-based pricing, a system in which officials limit how much hospitals ...
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