Monday, June 28, 2004

From the Fort Lauderdale (FL) Sun Sentinel:
Canadian drug plan saved city $3 million
Springfield saved $3 million in the first year it bought prescription drugs from Canada for city workers and retirees, less than half of the $7 million to $9 million originally estimated, city officials said.

The savings fell short because the participants didn't fully understand the plan's benefits and because the city boosted the co-payment of its traditional plan as incentive for people to use the Canadian plan with no co-payment, said insurance manager Christopher Collins.

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