Letter to the Editor: "Health Plan Foundations: How Well Are They Spending the Money?"
Letter to the Editors of Managed Care Magazine on the August 2008 Article: "Health Plan Foundations: How Well Are They Spending the Money?"
Dear Editors:
The article in your August 2008 issue, "Health Plan Foundations: How Well Are They Spending the Money?", mentions barely in passing a study by LECG, LLC. This firm was engaged by the Maryland Insurance Commissioner i...
Tuesday, August 26, 2008
Letter to the Editor: "Blue Cross Plans Feeling Pressure to Consolidate"
Letter to the Editors of the Wall Street Journal on the August 25, 2008 Online Article: "Blue Cross Plans Feeling Pressure to Consolidate"
Dear Editors:
The article, "Blue Cross Plans Feeling Pressure to Consolidate", appearing in your August 25 online edition, misleads rather than informs the reader. The entire article cites only one current proposed conversion of a ...
Monday, August 25, 2008
Blue Cross Plans Feeling Pressure to Consolidate
Competition, High Costs Lead More to Weigh For-Profit Conversions
By DINAH WISENBERG BRIN
Proposals to convert a major nonprofit Blue Cross Blue Shield plan into a publicly traded company and to merge two others could lead to further consolidation in the increasingly concentrated managed-care industry.
Some of the nation's nonprofit Blue Cross Blue Shield organizatio...
Tuesday, August 19, 2008
Editorial: Yellow flag on Blue Cross
The Bergen Record
DEPENDING on whom you talk to, the move by Horizon Blue Cross Blue Shield to become for-profit is either good or bad for New Jersey.
The giant insurer's officials seek to be reassuring and say nothing will
change: no lost coverage or higher rates, no difference in future policies.
But that optimism isn't shared by major players in the state&...
Monday, August 18, 2008
Horizon wants for-profit status
By GREGORY J. VOLPE
Courier Post Online
Horizon Blue Cross Blue Shield of New Jersey applied Friday to convert to a for-profit company -- a move that could pump at least $1 billion into state coffers to pay for health care.
In 2005, when the company last considered going private, some estimated the move would fetch at least $3 billion for the government.
"When I w...
Saturday, August 16, 2008
Horizon Blue Cross applies to become for-profit insurer
By BEN LEACH
Press of Atlantic City
TRENTON -Horizon Blue Cross Blue Shield, the state's largest health insurance provider, filed an application Friday morning to convert to a for-profit company, potentially transferring $1 billion or more toward improving the state's health-care system.
According to the company, this conversion would not increase taxes to support the...
Saturday, August 16, 2008
Horizon Blue Cross Blue Shield seeks for-profit status
by Dunstan McNichol
The Times of Trenton
Horizon Blue Cross/Blue Shield of New Jersey, the state's largest health insurer, has applied to become a for-profit corporation, a move it says will generate at least $1 billion for the state to support insurance subsidies and public health care improvements.
Horizon's conversion would end 76 years of operating as a not-for-pr...
Friday, August 01, 2008
Health Plan Foundations: How Well Are They Spending the Money?
By Maureen Glabman
Managed Care Magazine
The subscriber battles began in the 1980s.
Blues and other not-for-profit health
plans went up against for-profit plans
like Cigna. With no obligation to act as
the health insurer of last resort and flush with fresh cash from capital markets, Cigna and others gained
ground. Dozens of not-for-profits strategically determ...