New Strategies for Insurers Seeking to Cut Costs (as reported by Caroline Humer via finance.yahoo.com)

In attempts to cut costs while still providing adequate health care, many public and private insurance companies have begun offering more wellness and prevention initiatives. One of the most significant plans is the Accountable Care Organizations, which compensate medical providers who reach certain quotas. Government agencies and various insurance companies are optimistic about these new initiatives and incentives, claiming to already have seen cuts in medical spending and hospital re-admissions. To read the article, please click here.

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