Pros & Cons of Cost Plus Pricing
Event Date: August 19, 2014
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Hospitals and facilities know their cost of treatment and service, but as the plan sponsor and participants, we are in the dark until after a medical service is incurred and an invoice is generated. Couple this with the fact that medical prices vary greatly by facility for the same exact service. These conditions are creating an environment where some employers are trying to get a better handle on transparency by implementing reference-based pricing.
Mark Kaczmarek and Nicole Pfeiffer presented and informational webinar helping you gain a true understanding of a cost plus pricing model and the potential advantages and disadvantages this structure can offer to your employee benefit plan.
Learning Objectives:
- Gain an understanding of the meaning and structure of cost plus pricing
- Explore the pros and cons of a reference-based pricing model
- Review key considerations for success
- Examine a real cost plus model case study
