Price Transparency for Plan Sponsors: Leveraging New Data to Support Benefits Strategy

Free to International Foundation and ISCEBS members

For decades, negotiated reimbursement rates between providers and health plans were some of health care’s most highly guarded secrets. With legislative changes over the past four years, a great deal of this data has become publicly available (first from hospitals, then from payers).

However, there are challenges with accessing and interpreting this information due to the volume and reliability of the data. In this webinar, we will discuss how the data has evolved over the past four years, the methods that Milliman uses to enrich the data and the opportunities for plan sponsors to use this information to support benefits program decisions.

Takeaways:

• What data is available for plan sponsors?
• What steps need to be taken to enrich the data and make it usable?
• How can this data support plan sponsor decisions related to the selection of plan administrators, networks and plan design?

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  Erica Reijula

  Senior Consulting Actuary

  Milliman

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  Mike Gaal

  Principal and Consulting Actuary

  Milliman