Self-Insurance Cuts Health Care Costs
Stuart, Peggy, Personnel Journal
Bob sits in his office and looks out over his panoramic view of the company parking lot and ponders what to do. He has just received notice that his company, Acme Tool and Die, must pay 30% more for health insurance for its 512 employees than it did the previous year.
This comes after three consecutive years of increases exceeding 20%. That means for every $100 Acme spent for health insurance in 1989, the company now is paying more than $173--in spite of Bob's diligent efforts to provide a wellness program for Acme's workers: a smoke-free workplace, lunchtime aerobics and weight-control classes, and so on. This program has helped, he's sure, because colleagues from neighboring …
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Publication information: Article title: Self-Insurance Cuts Health Care Costs. Contributors: Stuart, Peggy - Author. Magazine title: Personnel Journal. Volume: 71. Issue: 7 Publication date: July 1992. Page number: 50+. © 2009 Crain Communications, Inc. Provided by ProQuest LLC. All Rights Reserved.
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