Tag:
Blue Cross Blue Shield Of Massachusetts
Latest Headlines
Latest Headlines
Nonprofit insurers post operating losses in Q1
The nonprofit insurers in Massachusetts, a leader in health reform, reported falling operating incomes in the first quarter, primarily because of increasing pressure to keep premium costs low.
BCBS requires pre-approval to curb painkiller abuse
In an effort to curb drug abuse, Blue Cross Blue Shield of Massachusetts has implemented a strict, new policy requiring its members to receive pre-approval to take certain pain medications. Under the
Insurers rake in earnings at ten times 2010 profits
The four largest health insurers in Massachusetts fared extremely well in 2011, as fewer people sought medical care and as insurers renegotiated provider contracts, which helped them stifle
Mass. insurers see 'no profit margin' with 2.3% rate hike
Massachusetts health insurers can increase premiums by an average of 2.3 percent, the smallest hikes in the state during the past 10 years. As a healthcare reform leader, Massachusetts could be
Steward woos docs with potential kickbacks, Beth Israel claims
Furthering its reach in Massachusetts, hospital operator Steward Health Care System has proposed a sweetheart deal to 150 doctors affiliated with the Beth Israel Deaconess Medical Center's physician
Partners HealthCare enters global payment system to save $240M
Partners HealthCare has reached a deal with Blue Cross Blue Shield of Massachusetts that will reduce payments by $240 million over three years, Massachusetts' largest hospital and physician network
Bill to force insurers to adjust rates, shrink payment gap
Hoping to minimize disparities in Massachusetts health rates, new legislation would require insurers to decrease rates to the highest-paid providers, using the amount saved to increase payments to
Insurers criticized for preventing psychiatric care
A new study is criticizing health insurers in Massachusetts, where statewide reform has lead to innovative changes like global payments, for preventing patients from accessing timely psychiatric
Global payments yield 'modest' savings
Blue Cross Blue Shield of Massachusetts' own version of a global payment system, called the alternative quality contract (AQC), has produced "modest" savings in its first year and improved quality of
Massachusetts Blues refunds $4.2M to customers
In an apparent effort to boost public confidence and close the controversy surrounding executive payouts, Blue Cross Blue Shield of Massachusetts is refunding its customers $4.2 million--the same
