A Cost-Containing Health Insurance Plan That FedCare Will Kill [Mackinac Center]: "At a time when the national discussion is on out-of-control health care costs, the cardiovascular care center in southeastern Michigan reduced its health care costs per employee by 13 percent from 2005 to 2009.
Dr. Robert Steele, a founding shareholder of Michigan Heart, PC who serves as the chair of the finance committee and benefits committee, said the business was one example of how to control employer costs without government intervention.
They did it by going to a high deductible plan and increasing employee contributions, but still offering a more competitive benefits package than the University of Michigan plan, Steele said.
The recently passed federal healthcare reform bill backed by President Barack Obama will end the plan, Steele says."
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