Morning Briefing
Summaries of health policy coverage from major news organizations
Industry's Eyes Turn Toward Utah Health System As It Rolls Out 'Innovative' Plan To Cut Costs
Intermountain Healthcare in Salt Lake City is guaranteeing a long-term lock on price increases, a move only a few other systems in the country have tried.
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. (Abelson, 2/17)
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