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Provider Choice Or Lower Costs? Why Not Both?

07/17/15

  08:51:00 pm, by MedBen5   , 217 words,  
Categories: News, Health Plan Management, Health Care Reform, Provider Networks

Provider Choice Or Lower Costs? Why Not Both?

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Provider choice is significantly more limited for individuals covered through the Affordable Care Act's marketplaces, Modern Healthcare reports:

"A report released Wednesday by consulting research firm Avalere Health found that plans offered through the ACA's exchange offered an average of 34% fewer providers in network compared to the choices provided by the average employer-based or individual non-exchange commercial plan.

"The study found plan networks offered 32% fewer primary-care and behavioral health providers, 42% fewer oncology and cardiology physicians, and nearly a quarter fewer choices of hospitals."

The survey also found that respondents say they prefer lower costs over provider choice. And while that may be true, MedBen sees no reason that plan members can't have both.

Self-funding your group's health care plan offers you the freedom to select a provider network that best serves your employee population while still offering contracted discounts that help to keep costs in check. MedBen maintains relationships with networks throughout the country in order to find the best client fit.

Of course, provider discounts are just one part of the MedBen Advantage. Through a combination of discount, plan design, medical management and leading-edge cost controls, we offer clients quality, low-cost health care backed up with verifiable savings. Learn more about our money-saving solutions by contacting Vice President of Sales & Marketing Brian Fargus at bfargus@medben.com.

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