A plan by General Electric (GE) to put 85K workers on a high-deductible health care plan in...

|About: General Electric Company (GE)|By:, SA News Editor

A plan by General Electric (GE) to put 85K workers on a high-deductible health care plan in order to lowers its mult-billion dollar health costs falls in line with the trend of other major corporations, but not without a painful side effect. The company's heath-care business has fallen off sharply as the use of advanced imaging including MRIs and CT scans slows down. By at least one estimate, spending on advanced imaging fell 28% over the last five years as more families are forced to cover the costs of the expensive service.