Reference-based pricing (RBP) has potential to revolutionize the way Americans handle healthcare. Reference-Based Pricing has a Bright Future There are several things that RBP is set to do in the future including: Increasing transparency in pricing costs. This could amount to tens, or even hundreds, of thousands of dollars Better ability to discern costs relative to value; customers would be …
Pros and Cons of Reference-Based Pricing
Is Reference-Based Pricing Right for My Business? If you’re considering Reference-Based Pricing (RBP) for your business, a hard look at both the advantages and disadvantages is in order. You want to make sure you’re making the best possible choice for yourself and for your employees. Advantages of Reference-Based Pricing The advantages of RBP are clear: Healthcare costs less—for everyone Greater …
Transparency: What are Doctors Charging for Healthcare?
Here’s a hard truth that many physicians would rather not admit: all too often they don’t know what they’re charging you. They don’t know how much you pay, they don’t know how much your insurance pays, and they don’t know how billing is handled. When your doctor doesn’t know what you’re being charged, there’s something wrong with the system! Unfortunately, …
Unsustainable Healthcare — and the Solution
Healthcare costs across America have become exorbitant. In some cases, a simple Aspirin can end up costing the person taking it as much as $400. Epipens—vital medication for individuals with allergies—cost $57 in 2007; now, a single pen costs $600 or more. The House of Representatives report on the top 10 generic drugs from 2013 to 2014 saw increases between …
Reference-Based Pricing 101
Reference-based pricing provides fair medical pricing, which makes it easier to discern the price of medical services. Under reference-based pricing, insurance companies, medical providers and patients all win. How Does Reference-Based Pricing Work? Reference-based pricing (RBP) works for everyone. Any company employee or patient is able to see any provider or facility that will accept them as a patient. Who …
FairPrice Network Disrupts Health Insurance Industry by Offering Convenience, Choice and Change for Providers and Patients
New social network seamlessly connects healthcare providers with patients using reference-based pricing insurance AUSTIN, TX (October 18, 2016) – FairPrice Network, a social community for healthcare providers and patients using reference-based pricing (RBP) insurance, has unveiled the next generation of medical coverage through its proprietary network. The company, founded by a team of Austin executives with decades of experience in …
- Page 2 of 2
- 1
- 2
