CalPERS saves $7M after covering screening colonoscopies for two years: 4 things to know

Two years ago, the California Public Employees’ Retirement System began offering patients full coverage for colonoscopy screenings, which resulted in significant cost savings for the system, according to a Huffington Post report. 

Here are four things to know from the report.

1. Researchers from the University of California-Berkeley conducted a study of savings generated from the CalPERS initiative.

2. Under the CalPERS’ reference system, colonoscopies performed at ASCs would be covered in full, while colonoscopies performed at hospital outpatient departments would only be covered up to $1,500.

3. During the study period, the percentage of CalPERS patients who selected ASCs for their colonoscopies increased from 70 percent to 90 percent.

4. Over the two year span, CalPERS saved approximately $7 million, according to the report.

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