posted by TrueNorth Employee Benefits on Thursday, March 18, 2021
Reference-based pricing (RBP) is a health care cost-containment model that relies on a network of medical providers to negotiate set prices for services and procedures. Not only does this methodology provide employers with cost-cutting benefits, it also offers employees certainty in an otherwise uncertain health care system. In the first post of our RBP series, we introduced referenced-based pricing. Our second post unveils specific types of companies that benefit most from RBP, as well as where this model thrives in the U.S. and what savings to expect.