Referenced Based Repricing
Discover the Referenced Based Repricing Solution That Offers a Significant Improvement in Savings Without Compromising Quality of Care
Individuals looking for significant, game-changing savings are moving towards referenced based repricing. Referenced based repricing is designed to encourage healthcare plans to pay the provider a fair rate, without unduly restricting benefits. Discover how Referenced Based Repricing solutions can save on claims costs without provider and facility restrictions.
It’s Your Plan, So Why Not Utilize IBA’s Cost Reduction Solutions
Why Not…
- Utilize pre-certifications to deter over utilization (diagnostic exams, elective surgeries, etc.)
- Implement place of service restrictions (no diagnostic testing covered in-hospital, must go to a free-standing participating facility)
- Integrate specialty networks where applicable (transplants, dialysis, ambulatory surgery centers, etc. )
- Promote participating urgent care centers at zero copay (vs. high cost emergency room visits)
- Incorporate high deductibles on inpatient hospital stays which allows for large discounts on stop-loss rates
- Utilize Referenced Based Pricing which has lower provider payments—based on a % of Medicare rates
- AND MORE
