Quote of the Day

“If you drive down health care costs and nothing else changes, then [health plans] are going to be paying a rebate back to the consumers. But if you drive down administrative costs, [insurers] get to keep all of these savings. So management time is infinitely better spent on driving down administrative costs than it is to drive down health care costs.”

— Douglas Sherlock, president of Sherlock Co., told The AIS Report on Blue Cross and Blue Shield Plans*.