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The Healthcare Performance Management Institute reports that insurers and benefits consultants are getting in the way of employer efforts to reduce healthcare costs, according to Healthcare Finance News.
Insurers, brokers thwart cost cuts
Seeded on Wed Nov 3, 2010 1:56 PM EDT
Article Source: fiercehealthfinance.com - By Ron Shinkman- Enjoy this article? Help vote it up the 'Vine.
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"Insurers and brokers have little incentive to help their clients reduce spending on health benefits," Pantos said. "After all, most brokers and consultants are paid on commission--so the higher the cost of the policy they sell, the more money they make." As a result, there is no motivation for insurers to cut their own costs.
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