Huffpost

A Shift Toward Smaller Health Insurance Networks

Posted: Updated:
NARROW NETWORK HMO
Getty File Photo

Thousands of employers in California and across the country are slashing expensive doctors and hospitals from their insurance rosters in a move to hold down rising healthcare costs -- a trend that is gaining favor with corporate bosses, if not the rank and file.

The savings on insurance premiums -- nearly 25% in some cases -- are gained when companies switch their health plans to "narrow network" HMOs that offer fewer choices of medical providers.

Read the whole story at Los Angeles Times