04/03/2011 07:25 pm ET Updated Jun 03, 2011

A Shift Toward Smaller Health Insurance Networks

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 more on Los Angeles Times