Reference-based pricing (RBP) continues to be discussed as a potential solution for employers exploring ways to control rising healthcare costs for their organizations and employees. Employers should understand how RBF programs work and the potential risks associated with them before transitioning.
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Given the greater flexibility and lower costs provided under ARPA’s provisions, plan sponsors should seize this moment to reevaluate and optimize their risk management strategies by considering the whole picture.
Understanding the evolution of reference-based pricing and considerations for employers evaluating the approach
Employers should understand how reference-based pricing programs work and the potential risks associated with them before transitioning.