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wsj<>GE Feels Its Own Cuts--As Employees Foot Bigger

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Tuff-Stuff Member Level  Tuesday, 09/18/12 06:48:57 AM
Re: Tuff-Stuff post# 474488
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wsj<>GE Feels Its Own Cuts--As Employees Foot Bigger Share of Health Bills, Use of Medical Imaging Declines


A plan by General Electric (GE) to put 85K workers on a high-deductible health care plan in order to lowers its mult-billion dollar health costs falls in line with the trend of other major corporations, but not without a painful side effect. The company's heath-care business has fallen off sharply as the use of advanced imaging including MRIs and CT scans slows down. By at least one estimate, spending on advanced imaging fell 28% over the last five years as more families are forced to cover the costs of the expensive service.

http://online.wsj.com/article/SB10000872396390443720204578002270222435846.html

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