As a journalist, I can tell you that the California Public Employees’ Retirement System (CalPERS) has recently made a significant move in the healthcare industry by announcing its plans to switch from Elevance Health to Blue Shield of California and Included Health for its PPO plans. This news was revealed last week and has shed light on the importance of where and how companies choose to invest their money in providing healthcare benefits to their employees.
This change is noteworthy as large companies often do not make such shifts due to the complexities involved in the process. However, when a major employer like CalPERS makes a change, it is worth paying attention to. This move signifies a shift in the healthcare landscape and highlights the significance of where and how companies choose to allocate their resources when it comes to healthcare benefits for their employees.
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