A coalition of St. Louis-area businesses is setting targets that would limit the growth of health-care spending. A coalition of Midwest businesses is setting targets that would limit the growth of health-care spending over the next three years. The Midwest Health Initiative, funded by the St. Louis Area Business Health Coalition, is working with health-care systems, insurers, medical groups, labor unions, and public sector employers in the St. Louis area to hold health-care spending increases to 5% in 2023 and 4% each year for 2024 and 2025, Louise Probst, the coalition’s executive director, said in an interview. The initiative—which includes companies such as Boeing Co., Anheuser-Busch Cos. LLC, and Bayer—is following in the footsteps of Massachusetts and …
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