In an effort to "bend the trend," Intel has launched a health coverage initiative for 5,400 employees in New Mexico that could prove to be the template for the computer chip giant's nationwide benefits plans.
Intel was frustrated with its previous efforts to gain more control over health coverage costs and to receive meaningful quality objectives from its insurance plan providers. So it scrapped its traditional coverage solutions and signed a direct contract with a large health care system, Presbyterian Healthcare Services, in New Mexico.
Intel's health coverage experiment has just passed the six-month point, and so far, the company claims it likes what it sees.
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