News Headlines Article

Despite interest from Health Net, CalPERS ends health plan bid process
Sacramento Business Journal - Kathy Robertson, Staff Writer

The California Public Employees’ Retirement System quietly pulled the plug this week on an attempt to shake up its health benefits program with some competition. The Health Benefits Committee canceled a request for proposals Tuesday rather than take action on a bid from the one health plan that tried to join the lineup in 2011: Health Net of California Inc. The Board of Administration approved the action Wednesday without comment.