Referenced Based Repricing

Referenced Based Repricing (RBR)

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.

WHY REFERENCED BASED REPRICING,
AND WHY NOW?

Low incidence of member balanced billing (> 1% occurrence)
Member balance-billing support provided through in-house Legal Department at IBA’s strategic RBR Partner
No annual network contracts to manage
No inflated invoicing based on percentage of billed charges
No network requirements
No restrictions on which providers & facilities healthcare members can choose from
Reduced administrative burden for providers

Did you know that an RBR program could offer overall savings in the range of 72-77%?

Facility Claims of Actual RBR Clients

EXAMPLE	TOTAL BILLED	ORIGINAL IN-NETWORK ALLOWED/PAID	RBR @130% PAID	RBR OVERALL SAVINGS $	SAVINGS ABOVE NETWORK	RBR OVERALL SAVINGS %
ABC	$1,883,872	$1,350,738	$520,737	$1,363,135	$830,001	72%
LMN	$1,943,581	$1,433,037	$616,598	$1,326,983	$816,439	68%
XYZ	$879,582	$602,600	$229,665	$649,917	$372,935	74%

Other Self-Funding Services

Self-Funding

Focused On Self-Funding Solutions that Save You Money

IBA Delivers Significant Cost Savings, Healthcare Plan Flexibility and Unbeatable Service

Referenced Based Repricing

Discover the Referenced Based Repricing Solution That Offers a Significant Improvement in Savings Without Compromising Quality of Care

Cost Reduction Solutions

It’s Your Plan, So Why Not Utilize IBA’s Cost Reduction Solutions

Why Not…