A MATRIX Minute by MATRIX Group Benefits, LLC
Legislative changes, court decisions, service agreements, access contracts, and new technologies all impact the language in the Plan Document. It is the language in the Plan Document that determines what discretion a Plan Sponsor has and how a claim gets adjudicated. Plan language can limit what a Plan Sponsor can do to reduce the Plan’s financial exposure to catastrophic claim costs or it can increase the ability of the Plan Sponsor to initiate actions to reduce their financial exposure. Significant claim costs can be incurred for conditions and situations such as:
- a) Chronic Kidney Disease that can lead to dialysis and kidney transplants;
- b) Cancer can lead to intense chemo and radiation therapy, surgery, drug therapy, stem cell, and bone marrow transplants and now cellular therapy;
- c) Rare conditions and congenital conditions for which may be treated by new gene therapy using new drugs that are very expensive;
- d) Transfers or admission to out of network facilities due to the condition of a patient or for specialty services that the out of network facility provides;
- e) Prescribing specialty drugs for the treatment of acute and chronic conditions.
In situations such as these and many other large claim situations that emerge, Plan Sponsors need the ability to financially manage the cost of the incurred claim. The Plan language and the service contracts the Plan Sponsor has entered into determine the amount of discretion the Plan Sponsor will have in any given situation. Plan document provisions that have particular potential impact on what a Plan Sponsor may be able to do when faced with a catastrophic claim include:
- a) The requirement for pre-admission certification and the conditions/procedures that require advance review;
- b) Definitions for gene therapy, cellular therapy, investigative and experimental treatments or devices; primary network/in network provider and out of network provider and, wrap or secondary network, and reasonable or allowable charges;
- c) The manner in which out of network benefits apply to participants and when wrap or secondary networks may apply;
- d) The manner in which claim determinations are made and adjustments (often referred to as the order of determination) are made to the charges for eligible services;
- e) Carve outs for certain services or conditions such as high cost drugs, dialysis, direct contracts for certain procedures or conditions.
Comprehensive review of Plan Documents and all the service agreements that support it should be performed by an independent entity who specializes in employer self funded plans every few years to be sure the Plan provisions are up to date, support the objectives of the Plan Sponsor and empower the Plan Sponsor to actively manage processes to limit financial exposure when faced with catastrophic claims.
