What Every CFO Should Know – And Do – About Medical Benefits

Jones, Michael B.; King, Melissa; Toder, Charles
July 1998
Financial Executive;Jul/Aug1998, Vol. 14 Issue 4, p38
Academic Journal
The article comments on the role of chief financial officers (CFO) in the controversy over the cost of providing health care plans for employees. Companies including Merck, General Electric, General Motors, Lockheed Martin, Armco and Bethlehem Steel are trying to control costs by forming interdepartmental teams that include CFOs to oversee medical benefits and to keep their strategies for health care and business goals aligned. Managed medical care plans such as health-maintenance and preferred-provider organizations are believed to be cost effective. INSET: Pricing With a Purpose.


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