6 Degrees Health, Author at 6 Degrees Health

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Entries by 6 Degrees Health

The Best Healthcare Cost-Reduction Strategies

Learn some of the best healthcare cost-reduction strategies that help your company provide exceptional healthcare to employees at reasonable costs.

Reference-based Pricing

Reference-based Pricing Examples

An increasing number of today’s employers are turning to reference-based pricing to save on their healthcare spend. The model has gained popularity at a rapid pace, with 60% of employers planning to use the model within the next 3-5 years. Because this model uses Medicare as a benchmark for coverage costs, members can not only […]

Reference-based Pricing

Reference-based Pricing vs Value Based Pricing: What Is the Difference?

When looking for alternative healthcare coverage models, many employers turn to reference-based pricing and value-based pricing. Learn the difference.

Reference-based Pricing

Benefits of Reference-based Pricing

A reference-based pricing model is a data-driven approach to healthcare coverage that acts as a cost-containment method. Read on to learn more benefits.

Reference-based Pricing

What Is Reference-based Pricing

The volatility of today’s economy makes saving on internal expenses just as important to a company’s financial strategy as increasing revenue. In fact, by maximizing internal savings businesses could see an increase in their bottom lines without additional sales efforts. As one of the top sources of corporate spending, it’s time to take a serious […]

Healthcare Costs

Medical Debt May Be Removed from Credit Reports

Medical debt collection is a huge burden for many Americans. Medical emergencies and unexpected diagnoses often result in giant bills that can easily overwhelm people who otherwise never miss a debt payment. Unpaid bills appear on credit reports, lowering credit scores and making it difficult for consumers to access affordable mortgages, car loans, and other […]

Healthcare Costs

Successful Small Group Self-funded Programs

Small groups can benefit from self-funding. There are four essential elements to a successful small group self-funded program. Experienced Third Party Administrator (TPA). For a small group, a TPA should have experience and staff that can handle the specific issues that may arise because many small groups do not have fully staffed Human Resource and […]

Reference-based Pricing

Why Reference-based Pricing Makes Sense…Stop-loss

Every self-funded employer should consider how Reference-based Pricing (RBP) will affect their health plan. In addition to reducing the medical claims payments on behalf of members, reference-based pricing can have an impact on the risk assessment and pricing of stop-loss underwriters. A well-chosen stop-loss carrier is vital for the Self-Funded Planning team since it can be more […]