Reference-Based Pricing: The New Frontier of Cost Control?

“The largest entity using [reference-based pricing (RBP)] is Medicare, which uses bottom-up pricing based on providers’ costs of doing business … Medicare determines a base rate for each service and then makes adjustments based on patient complications, geographic cost differences, and other factors. Employers who use RBP often pay providers the Medicare rate plus 20-50%. […]

By | 2017-01-19T10:23:05+00:00 January 3rd, 2017|2017 News, News|

Small Employer Healthcare Relief Act Soon a Reality

“Starting January 1, 2017, small employers that do not offer group health insurance to their employees will have a tool to provide a tax-favored reimbursement to their employees. And more good news: there’s transition relief retroactive for all plan years beginning on or before December 31, 2016 that the onerous penalties announced by the IRS […]

By | 2017-01-19T10:23:16+00:00 January 1st, 2017|2017 News, News|