American Telephone and Telegraph Company
AT&T, like most large corporations, has become increasingly concerned in the last several years over the cost of health insurance for its employees. The AT&T plans, underwritten by Blue Cross-Blue Shield and other insurance carriers, cover some three million people, including roughly one million employees and retirees, and their dependents. Health insurance now represents some 5 percent of total payroll, or $750 million, compared to only 1.5 percent when the plans were first introduced in the early 1960s. Of that increase, approximately 2 percent represents plan improvements while 1.5 percent represents increased utilization of the benefit. To investigate approaches to controlling the costs of health insurance, a working group has been created at corporate headquarters, including representatives of the medical, actuarial, systems, and finance departments.
KeywordsTotal Hospital Charge Insurance Carrier Corporate Headquarters United States Government Printing Claim Payment
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- 1.Privacy Protection Study Commission, Personal Privacy in an Information Society (United States Government Printing Office/Stock No. 052-003-00395-3, July 1977), chapter 19.Google Scholar