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Putting Healthcare Plans Out to Bid Can Reap Savings
Workforce.com
June 4, 2009
Excerpt: Forcing vendors to aggressively bid against one another in an open, eBay-like platform such as the one that HighRoads operates invariably drives down prices, she says. The trick is to demystify the health plan shopping process and treat it more like a straightforward procurement effort similar to the way companies buy office supplies. The result is usually a reduction in costs, Dustin says.
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