News Headlines Article

CalPERS members pick cheaper health plans, save $21.3M
Sacramento Business Journal

The California Public Employees’ Retirement System stirred up competition and got a better deal from its HMO partners .

The nation’s second-largest health-benefits purchaser dramatically altered its health plan lineup for 2014, adding four plans to compete with two statewide HMOs — Kaiser Permanente and Blue Shield of California — that have had exclusive contracts since 2009. Anthem Blue Cross, Health Net, Sharp Health Plan and UnitedHealthcare are new for 2014.