A community-led partnership in Colorado designed to negotiate health care prices lowered health care premiums in 2020 and 2021, we find in our new paper in the Journal of Risk and Insurance. The nonprofit organization is called the Peak Health Alliance.
As health care premiums continue to rise nationwide, many employers have formed so-called purchasing alliances in hopes of collectively reducing health care costs for their employees. Despite their popularity, to date there has been limited evidence to show these alliances work to control costs.
