Released: June 24, 2013

Employers test plans that cap health costs

Source: Reed Abelson - The N.Y. Times (Paid Registration)

Hoping to cut medical costs, employers are experimenting with a new way to pay for health care, telling workers that their company health plan will pay only a fixed amount for a given test or procedure, like a CT scan or knee replacement. Employees who choose a doctor or hospital that charges more are responsible for paying the additional amount themselves.

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