Friday, June 12, 2009

Safeway CEO Stephen Burd says well-designed health-care reform, utilizing market-based solutions, "can ultimately reduce our nation's health-care bill by 40%."

In an op-ed in today's Wall Street Journal, Burd says Safeway implemented such a plan for its workers in 2005. Since then, he says "we have kept our per capita health-care costs flat (that includes both the employee and the employer portion), while most American companies' costs have increased 38% over the same four years."

"The key to achieving these savings is health-care plans that reward healthy behavior," he says. Burd is a member of Partnership for Prevention's "Leading by Example" initiative.


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