Weyco Institutes Another Controversial Insurance Policy

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This time the Okemos based Medical Benefits Administrator is trying to trim the fat from both its bottom line and its employees.

Weyco has raised its health insurance rates as much as 20 percent for one of its policies. The idea is to jack up the price and then offer deep discounts for people who agree to take health tests and physical exams every six months. If you don't take the tests, you pay the raised rate.