A Market Solution To Controlling Health Care Costs

If you've been reading anything I have written, you won't be surprised that it involves putting skin in the game. That's exactly what Safeway did. And they're winning while the rest of America heads for bankruptcy. It's also a cornerstone concept of my proposed market based universal access for health care delivery that gives everyone skin in the game.

Today, Safeway has accomplished what Washington claims is the goal: The company's per-capita health-care expenses have remained flat, compared to the near 40% increase experienced by the rest of corporate America over the past four years. This has not been done by cutting care or shifting costs to employees. Nearly 80% of the 30,000 nonunion Safeway workers who take part in the program rate it good, very good, or excellent.

via AllFinancialMatters