Reference payment initiative for colonoscopy associated with lower prices, savings

The California Public Employees' Retirement System (CalPERS) saved $7 million on spending for colonoscopy two years after it implemented a reference payment initiative that offered full insurance coverage at low-priced facilities but required substantial cost sharing if patients picked a high-priced alternative, according to an article.

from Today's Healthcare News -- ScienceDaily http://ift.tt/1Mb5cvb