STAT+: Why health care spending keeps climbing

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Putting your money where your mouth is

Large companies rarely switch health insurance vendors. It’s a pain in the butt for everyone involved, even if the current setup is a raw deal.

That’s why whenever a big employer makes a change, and acknowledges it publicly, I take notice. That happened last week when the California Public Employees’ Retirement System, or CalPERS, announced plans to ditch Elevance Health for its PPO plans and move to Blue Shield of California and Included Health.

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