Needed: A Prescription For Ailing Insurers

Health insurers are hardly the picture of health these days. Profits for the $210 billion industry are shriveling as medical reimbursement costs swell. Scores of corporate clients are ditching their insurance providers and paying for most health coverage out of their own pockets. And insurers' answer to the problems--setting up special networks of physicians designed to curb costs, called managed care--is years away from paying off.

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