News Headlines Article

A shift toward smaller health insurance networks
Los Angeles Times

Thousands of employers in California and across the country are slashing expensive doctors and hospitals from their insurance rosters in a move to hold down rising healthcare costs — a trend that is gaining favor with corporate bosses, if not the rank and file.

The savings on insurance premiums — nearly 25% in some cases — are gained when companies switch their health plans to “narrow network” HMOs that offer fewer choices of medical providers.