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re: Louisiana BCBS sale cancelled again. Does Elevance try for a third time?
Posted on 2/14/24 at 10:57 am to goofball
Posted on 2/14/24 at 10:57 am to goofball
Ironically the deal was cancelled once it was revealed that Landry’s Chief of Staff used to work as a lobbyist for Pennington Biomedical, who was set to receive millions from this deal.
3
Posted on 2/14/24 at 11:00 am to whoa
quote:
Ironically the deal was cancelled once it was revealed that Landry’s Chief of Staff used to work as a lobbyist for Pennington Biomedical, who was set to receive millions from this deal.
Pennington getting $800 million to improve health outcomes and conduct research wouldn't be a bad thing.
But how will Elevance provide better coverage? Will they keep the BCBS jobs in Baton Rouge?
Posted on 2/14/24 at 11:09 am to whoa
the LDI said for the commissioner to make a ruling on this, that BCBS needed the shareholder vote to have the necessary numbers to pass BEFORE they would rule.
I would hazard a guess, that with the BCBS language about “engaging shareholders about why this is good” that they didn't have anything close to the Number of votes required in order for commissioner to make a decision.
I would hazard a guess, that with the BCBS language about “engaging shareholders about why this is good” that they didn't have anything close to the Number of votes required in order for commissioner to make a decision.
Posted on 2/15/24 at 12:21 pm to whoa
quote:
Ironically the deal was cancelled once it was revealed that Landry’s Chief of Staff used to work as a lobbyist for Pennington Biomedical, who was set to receive millions from this deal.
'Dom dom dom' .....Imagine that! The shite bag you frick sticks just elected was deep in bed with this merger.
Ya' don't say!
"But muh baw Jeff gonna clean up dis corruption in the state"
Jeff Landry IS the corruption. Even worse than any previous Governor elect. Way to go guys!
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