Vise Tightens On HMOs as Costs Climb.

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Vise Tightens On HMOs as Costs Climb.

Health maintenance organizations - sandwiched between hospitals demanding higher reimbursement for medical services and employers wanting to hold the line on rate increases - are being squeezed like never before. And that squeezing is coming at a time when HMOs themselves are facing steeply higher operating costs.

Just recently, the California Public Employees Retirement System, which buys health insurance for 1.1 million public employ...

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