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

Posted on 2/7/24 at 5:17 am to
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 craynagin
North Louisiana
Member since Dec 2006
466 posts
Posted on 2/7/24 at 5:48 am to
The goal of every insurance company is to pay as little as they can get away with on claims. That how they make money.

Anywhere Elevance has taken over in other states, service to their customers has gotten worse.

This is merely a dog and pony show and BCBS policyholders will ultimately have no say in the matter.

Insurance companies call the shots in the healthcare industry.
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