Reference Pricing for Health Care Services: A New Twist on the Defined Contribution Concept in Employment-Based Health Benefits

Source: Paul Fronstin, M. Christopher Roebuck, Employee Benefit Research Institute (EBRI), EBRI Issue Brief #398, April 2014

From the summary:
This analysis examines reference pricing, a form of defined contribution health benefits, where plan sponsors pay a fixed amount or limit their contributions toward the cost of a specific health care service, and health plan members must pay the difference in price if a more costly health care provider or service is selected.
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