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A trucking company in Southern California faced another double-digit increase to their fully-insured health plan. With more than 800 employees enrolled, the company was looking at a $4.5 million expense. The following year they received another 15% renewal increase. Seeing an unsustainable trend, the executive team started looking for alternatives other than cost-shifting to employees.
With a one-of-a-kind approach to reference based pricing (RBP), ClaimDOC’s unique approach to reference based pricing (RBP) has provided companies and their employees with an improved health insurance experience. Our clients typically save 30% on their health plans within the first year of switching to ClaimDOC from a traditional network program.
To understand how your company could benefit from switching to RBP, download our case study.