Narrow (AKA focused, skinny or performance-based) medical networks and plans have been around for decades. However labeled, the concept has been getting more attention and gaining more traction in recent years. Narrow networks are typically local and focused provider networks that seek out partnerships with doctors and facilities based on results and treatment philosophy. They have been around for decades, and plan sponsors are finding enhanced versions that are providing real value today.
In this webinar with healthcare expert Drew Thompson from Northwell Direct and our own employee benefits guru Travis Turner, you’ll hear more about what a narrow network is, how it works, how to assess your options, and determine if a solution like this fits your organization. Attendees will learn:
- How specialty medications and “TV drugs” have driven the cost equation
- Why this is a uniquely American problem and how international sourcing of prescriptions can reduce cost
- The untapped value of Prescription Assistance Programs through drug manufacturers
- Examples of prescription drugs that can be impacted and potential cost savings