How Taxpayers Are Helping Health Insurers Make Even Bigger Profits

Published On Oct 28, 2024, 5:01 AM

The article discusses how local governments are facing hidden costs due to healthcare insurance programs designed to protect employees from out-of-network medical fees. Many local entities have signed contracts with large health insurers, like MultiPlan, which administer these programs but charge significant fees that can exceed payments to doctors. This creates financial strain on local budgets, as seen in counties and cities across the U.S. that have been experiencing unexpectedly high charges that contribute to deficits in their healthcare plans.