White Paper / Employee Benefits
A Reference-Based Pricing Success Story

In 2014, a midsize employer in rural Missouri hit a crossroads . . . or perhaps a brick wall.

After several years of battling increased taxes, government-mandated changes, and double-digit increases in medical costs, the company’s medical plan costs were expected to increase again . . . this time by $1 million.

Even if the employer increased its contributions to the plan by $700,000, employee contributions would still have to increase by 23 percent.

With the help of Lockton’s Kansas City Benefits team, the employer made a bold decision, moving all of its 1,350 employees from a traditional PPO health insurance plan to a reference-based pricing model.

Here is the story of how one employer fought back against rising healthcare costs, the status quo, and that law known as health reform . . . and won.

Request this White Paper

Please fill out all of the forms below to have this white paper(s) emailed directly to you.

Acknowledgment and Acceptance of Terms.
By signing up for our newsletters and updates, you acknowledge that you have read, understand, and agree to our Terms of Use and to the use of your Personal Information in accordance with our Privacy Policy and Cookie Policy.

Your request was successfully sent. You should receive your email shortly.

    
< Back to Insights & Publications
Discover more Insights & Publications  |  Read more in the Lockton Newsroom  |  See our Client Stories
Read more in the Lockton Newsroom
See our Client Stories