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re: Louisiana BCBS sale cancelled again. Does Elevance try for a third time?
Posted on 2/14/24 at 11:24 am to Flavius Belisarius
Posted on 2/14/24 at 11:24 am to Flavius Belisarius
quote:
Once merged, it is likely existing policies would have been honored until renewal, at which time they are free to change terms and jack up your rates. Elevance is notorious for denying everything and delaying payments as long as possible
Isn't this basically what Coventry & United Health were having problems with several years ago and why so many of the larger networks were not accepting them, or at least not accepting them across the board like they do with BCBS?
Been with BCBS for almost a decade now, so hadn't paid attention. But I recall hearing Coventry was bought out, and United has gotten better but not quite on BCBS level yet.
1
Posted on 2/14/24 at 11:30 am to Weekend Warrior79
quote:
Isn't this basically what Coventry & United Health were having problems with several years ago and why so many of the larger networks were not accepting them, or at least not accepting them across the board like they do with BCBS?
I think this is exactly what Elevance is doing in other states where they are buying BCBS.
Maybe I'm just blind to it...but I'm not seeing the upside here except to Pennington/research Academia.
Bad for policyholders after renewal, which will happen eventually
Bad for the Baton Rouge job market, which will lose a large corporate HQ worth of jobs
Good for Pennington/LSU's research community and the politicians that can set up the new "organization"
Nothing done to improve short/medium term healthcare outcomes in the state of Louisiana
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