The Challenge
Commercial – Analytics-Based
A large carrier offering plans with an aggressive Medicare-based benefit limit sought:
- To satisfy clients seeking greater protections from balance billing for their plan members
- To preserve the underlying cost benefits of the out-of-network reimbursement methodology
The Solution
Claritev established negotiation parameters that deliver value to satisfy both payors and providers:
- An upper limit strategically set above the benefit limit, reflecting the value of the agreement to the plan member
- Use of the benefit limit as a floor, to quantify the benefits of agreement for the provider’s practice
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The Results
Claritev delivers negotiated agreements with greater transparency and value for all parties:
- A 15 point increase in savings rate
- A less than two point reduction in success rate