Under the new plan, members are informed upfront about expected out-of-pocket costs, and they will pay less for selecting providers with the highest rankings based on quality of care, medical appropriateness, and cost efficiency metrics, according to a Sept. 3 news release.
Members pay nothing at the time of service and instead will receive one bill at the end of each month. Members will be able to start using the new plan on Dec. 1.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.