More self-funded employers are considering contracting directly with health systems and hospitals – and for good reason.
Not only does direct-to-employer contracting offer better pricing than traditional PPOs, it offers advantages not found in other types of reimbursement strategies:
- Direct-to-employer contracting is a “win-win-win”… plan administrators get locked-in pricing, members get lower out-of-pocket costs, and providers get greater patient steerage.
- A direct-contract network can be tailored to the specific benefit needs of your employee population.
- Because the contract locks in prices, the risk of balance billing is eliminated… one less concern for members, one less potential headache for you.
And for MedBen direct-to-employer contracting clients, the main advantage is clear: On average, they save 20.9% on claim costs compared to traditional PPO’s.
But what if MedBen doesn’t currently have a provider contracted in your area? No worries… not only are we continually working to contract with additional health systems, if we’re not already negotiating with providers in your area, we can initiate contract discussions on your behalf.
Learn more about the benefits of direct-to-employer contracting by contacting your broker or MedBen at (888) 627-8683.