The Vendor is required to provide a best-in-class Third Party Administrator (TPA) to partner in administering a custom-designed, self-funded health plan.
- Performance, full financial transparency, and the ability to support advanced strategies including custom networks, direct contracting, and alternative reimbursement methodologies.
- Network Strategy and Access
• Provide a complete inventory of all contracted networks (base and wrap), including geographic coverage.
• Provide access fees for each network and any tiered pricing structures.
• Submit a disruption and discount analysis based on provided census and top providers for your top recommended network configuration.
• Provide % of Medicare reimbursement benchmarks by IP, OP, ER, and Professional.
• Describe ability to support direct contracting, domestic contracting, single case agreements directed by Consultant or Client, and custom network builds.
- Claims Administration
• Claims adjudication platform and accuracy rates.
• Provide financial accuracy metrics and audit methodology.
• Handling of complex claims (e.g., dialysis, specialty).
• Provide turnaround times for claims processing.
• Escalation procedures for disputed claims.
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