News Headlines Article

A Novel Plan for Health Care: Cutting Costs, Not Raising Them
New York Times

As employees know all too well, health insurance companies have one surefire way to lower costs: Ask their customers to pay more.

Intermountain Healthcare, a nonprofit health system in Salt Lake City, is trying something virtually unheard-of: promising to sharply cut costs rather than pass them on.

Its new health plan, SelectHealth Share, is guaranteeing to hold yearly rate increases to one-third to one-half less than what many employers across the country typically face.

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