Reference pricing has been shown to reduce health care spending for certain prescription drugs and services. Additionally, reference pricing or reference based pricing sends a clear signal to high-priced providers. The Reference Pricing Action Brief describes how reference pricing can engage member populations in shopping for health care services and help increase use of high-value (e.g. high-quality, low-cost) providers.

Check out the Referencing Pricing Action Brief to discover:

• What reference pricing is and what problems it tries to solve;
• How reference pricing works;
• The range of approaches to referencing pricing;
• Examples of reference pricing in action;
• Possible implementation challenges purchasers may face;
• The spectrum of reference pricing strategies; and
• What actions purchasers can take to pursue this strategy!