A new RAND study finds privately-insured patients pay, on average, 247% more at hospitals than Medicare patients for the same care, The study also indicated that outpatient services are priced at about 267% higher than what Medicare reimburses, according to Healthcare Dive.
MedBen delivers alternative reimbursement strategies that offer lower cost pricing solutions… like through direct-to-employer (DTE) contracting, creating partnerships with employers and local health systems, and reference-based pricing (RBP), reimbursing providers off a percentage of Medicare.
MedBen clients taking advantage of these alternative pricing solutions experienced considerable savings compared to traditional PPO plans by an average of 24.7% in lower plan costs.
To learn how MedBen can help deliver additional cost saving strategies for your plan, contact our Sales & Marketing Department at 888-627-8683.
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