Started By
Message

re: Nonprofit BCBS of Louisiana seeks approval for sale to for-profit Elevance

Posted on 2/6/24 at 9:43 pm to
Posted by 4cubbies
Member since Sep 2008
50554 posts
Posted on 2/6/24 at 9:43 pm to
Curious how many people thinks insurance costs will decrease if an overtly for-profit company takes over most of the policies in the state.
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37142 posts
Posted on 2/6/24 at 9:50 pm to
quote:

Curious how many people thinks insurance costs will decrease if an overtly for-profit company takes over most of the policies in the state.

Don’t be fooled by the term non profit. You are foolish to think they don’t make money
Posted by skidry
Member since Jul 2009
3304 posts
Posted on 2/7/24 at 5:17 am to
I don’t know why it couldn’t. I have no idea what will actually happen.

They will bring a broader organization

This presents opportunities to cut upper and middle management and negotiate better deals with providers.

Again I have no idea if this will actually happen
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 2/7/24 at 7:58 am to
quote:

Curious how many people thinks insurance costs will decrease if an overtly for-profit company takes over most of the policies in the state.
"Non-profit" doesn't mean no money. Some of the highest paid radio and TV station managers work at "non-profit" stations.
Posted by GumboPot
Member since Mar 2009
119459 posts
Posted on 2/7/24 at 8:00 am to
quote:

how many people thinks insurance costs will decrease
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram