Blue Shield Touts Cost-Saving Initiatives in CalPERS Contract

In an effort to keep its contract with CalPERS, Blue Shield of California is touting its success in saving the organization nearly $1 billion over the past eight years through a series of cost-saving plans. Last year, CalPERS issued a request for information to measure industry interest to compete for business in its health benefits program.

• "Health Plans Squeeze Costs To Keep Their Big Contracts" (Robertson, Sacramento Business Journal, 2/8).