HNAS recognizes that some employers want to control costs by using a reference-based pricing (RBP) strategy. Rather than relying on static network discounts, an RBP strategy focuses on using appropriate claim limits and audits to ensure fair and reasonable payments are made to medical providers.
We've partnered with ELAP Services to help us provide a metrics-based pricing option for certain plans. ELAP takes reference-based pricing to the next level by:
- Auditing facility claims with an eye toward transparency to determine fair costs.
- Assuming co-fiduciary status to ensure plan payments meet ERISA obligations.
- Providing robust analytics that dovetail with HNAS's reports and benchmark data.
For more information on reference-based pricing and how your company can take advantage of this partnership, contact your HNAS sales director today.