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Recently, the California Public Employees’ Retirement System (CalPERS) announced its plans to switch from Elevance Health to Blue Shield of California and Included Health for its PPO plans. This move by CalPERS signifies a significant change in the healthcare landscape, as large employers rarely make such shifts.
This decision sheds light on the importance of where and how companies choose to invest their money in providing healthcare benefits to their employees. If you want to read more exclusive stories like this, subscribe to STAT+ to unlock in-depth analysis, newsletters, premium events, and networking platform access. Gain unlimited access to award-winning journalism and exclusive events by subscribing to STAT+.
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