6 DEGREES HEALTH NEWSROOM
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Weighing the pros and cons of reference-based pricing reveals easily mitigated potential pitfalls and benefits that overpower any shortcomings.
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It’s true that healthcare is a complicated process. In fact, 62% of Americans feel as if the healthcare system is designed to be confusing. In contrast to typical payment methods in other industries for consumer services, healthcare has the dubious distinction of using at least one additional layer of service before consumers know who or […]
Learn some of the best healthcare cost-reduction strategies that help your company provide exceptional healthcare to employees at reasonable costs.
An increasing number of today’s employers are turning to reference-based pricing to save on their healthcare spend. The model has gained popularity at a rapid pace, with 60% of employers planning to use the model within the next 3-5 years. Because this model uses Medicare as a benchmark for coverage costs, members can not only […]
When looking for alternative healthcare coverage models, many employers turn to reference-based pricing and value-based pricing. Learn the difference.
A reference-based pricing model is a data-driven approach to healthcare coverage that acts as a cost-containment method. Read on to learn more benefits.
Reference-Based Pricing: Insights from Our Founder
Blog, Reference-based PricingScott Ray, founder of 6 Degrees Health, recently appeared in BenefitsPro to explain the advantages of Reference-Based Pricing (RBP). Drawing from years of industry experience, the article highlights: Key Success Factors: Effective RBP plans share common characteristics that drive success. Common Pitfalls: Avoiding typical traps ensures smoother implementation and better outcomes. Strategic Guidance: Practical advice […]