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Insight: Fed up with rising costs, big U.S. firms dig into healthcare

Reuters  |  SAN JOSE, Calif. 

By Caroline HumerSAN JOSE, Calif. (Reuters) - At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its U.S. healthcare costs. The company is among a handful of large American employers who are getting more deeply involved in managing their workers' health instead of looking to insurers to do it. Cisco last year began offering its employees a plan it negotiated directly with nearby Stanford Health medical system.Under the plan, physicians are supposed to keep costs down by closely tracking about a ...

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First Published: Mon, June 11 2018. 16:06 IST