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re: Louisiana BCBS sale cancelled again. Does Elevance try for a third time?

Posted on 2/14/24 at 11:00 am to
Posted by goofball
Member since Mar 2015
16928 posts
Posted on 2/14/24 at 11:00 am to
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 by Dr RC
The Money Pit
Member since Aug 2011
58186 posts
Posted on 2/14/24 at 11:20 am to
quote:

But how will Elevance provide better coverage?


They more than likely won't.

quote:

Will they keep the BCBS jobs in Baton Rouge?


Probably not.


These kind of mergers are so boardroom fricksticks can make more money. Not so they can actually help people get better healthcare.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
31238 posts
Posted on 2/14/24 at 12:22 pm to
quote:

Will they keep the BCBS jobs in Baton Rouge?



According to their press releases, the 3000 jobs will stay in Baton Rouge. Of course, you know how that works, a year later they restructure and, presto, jobs evaporate.
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