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Companies Form New Alliance to Target Healthcare Costs
Hoping to hold down the cost of healthcare benefits, 20 large companies—including American Express, Macy’s and Verizon—have come together to use their collective data and market power. Members of the new alliance will share data about employee healthcare spending and outcomes, possibly using the data to change how they contract for care. "Some members say they could even form a purchasing cooperative to negotiate for lower prices, or try to change their relationships with insurance administrators and drug-benefit managers," Yahoo news reports.
Federal Insurance Marketplace Signs Up Millions of New Obamacare Users
The Obama administration reports that approximately 12.7 million new patients signed up for health insurance under the Affordable Care Act, or automatically... read more