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Health Plan Financing and Cost Containment – Digging Into the Details
An In-Depth Analysis of Self-Funding with Reference-Based Pricing
Session 3 – Reference-Based Pricing… The Good, The Bad and The Cost Savings… Is it Worth It? The use of Reference-Based Pricing in self-funded health plans has proven to be a great cost savings method of health plan financing, but not without controversy and sometimes employer and employee dissatisfaction. When done right, it can be a great way to produce substantial bottom-line savings, but if not done right, it can be chaotic, frustrating and risky. We will present a Panel of those who have done it right… Hear the positives and negatives from End Users- Employers, plus views from a stop loss carrier and an RBP vendor. Employers include Bill Struett, Treasurer, Triangle and Heimark Distributing, and Laura Robledo, HR and Payroll Manager of Tri-West, LTD. From the Stop Loss side, hear from John Dore, President, Mike Lanza, Vice President, Claims, and Tim Barden, Senior Underwriter of US Benefits. Also on our panel will be Kenny Bennett, from AMPS, an RBP vendor. Moderated by Dorothy Cociu, President of Advanced Benefit Consulting.
85 min
“The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
This class is available as an HRCI class with 1.5 hour of HRCI credit. To obtain HRCI credit, please take this class on the HRCI track of the Empowered Education Center (https://advancedbenefitconsulting.com/empowered-education-center/hrci-education-training/). A $25 fee applies and you must take a test and pass with 70% score or better for HRCI credit. You will have 3 opportunities to pass the test.