The travel surgery benefit will be extended to PepsiCo’s domestic employees and their dependents — almost 250,000 people.
PepsiCo, which sponsors its own self-funded medical plans, will waive deductibles and coinsurance for those who elect to have their surgery at Johns Hopkins. The company will also cover the travel and lodging expenses to Baltimore for the patient and a companion.
“We’re excited about the opportunity to work with an innovative company like PepsiCo that is committed to ensuring cost-effective, higher-quality care as part of its employee health benefits,” said Patricia MC Brown, president of Johns Hopkins HealthCare LLC, the managed care arm of Johns Hopkins Medicine. “We’re offering their employees some of the best health care available, which should mean fewer complications and should result in employees being able to return to work sooner. At the same time, we’re offering PepsiCo predictability regarding cost.”
Source: PepsiCo
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