Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Blue Cross Health Insurance Companies Must Now Compete...Second BlueBid Explained. and this video is uploaded by AHealthcareZ - Healthcare Finance Explained at 2024-03-10T15:24:21-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [HMY_5VLUpFo]
| Name | Blue Cross Health Insurance Companies Must Now Compete...Second BlueBid Explained |
| Video Uploader | Video From AHealthcareZ - Healthcare Finance Explained |
| Upload Date | This Video Uploaded At 10-03-2024 22:24:21 |
| Video Discription | Blue Cross Health Insurance Companies Must Now Compete...Second BlueBid Explained Blue Cross is not one company. It's actually 36 separate companies that are connected to each other via the Blue Cross Blue Shield Association. Each Blue Cross company has a geographic monopoly for the employers in their geographic area. Meaning historically each Blue Cross plan would never compete with another for an employer's business. Until now. Employer clients of Blue Cross plans did not like Blue Cross's anti-competitive behavior and filed a class action lawsuit stating Blue Cross was in violation of the Sherman Antitrust Act. Employers and Blue Cross reached a settlement whereby Blue Cross must pay $2.67 Billion in damages and must now compete across state lines for large, self-funded employer clients in a process called 'Second BlueBid.' In Second BlueBid, a self-funded employer with greater than 5,000 employees can request a second competitive bid from a second Blue Cross plan. Historically, some employers have had difficulty with poor service and data restriction by their Blue Cross carrier, but if they wanted to continue to use the Blue Cross Network, they had no other choice in plan administrators. Today with Second BlueBid, large employers have a second choice in Blue Cross plans... a real win for employers and employees in America. Sources: https://www.bcbssettlement.com/secondbluebid https://www.bcbssettlement.com/ https://jamanetwork.com/journals/jama-health-forum/fullarticle/2799531 AHealthcareZ Video on 36 Different Blue Cross Companies: https://youtu.be/Um8q7rpe8qU AHealthcareZ Video on Blue Cross Association Settlement: https://youtu.be/68mirD_aNTQ AHealthcareZ is 200+ Healthcare Finance Educational Videos. 💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthcare-money-campfire-stories-book AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health. 90,000+ Views Per Month Across All Platforms. Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter. [HMY_5VLUpFo] |
| Category | Entertainment |
| Tags | Entertainment Download MP4 | Entertainment Download MP3 | Entertainment Download MP4 360p | Entertainment Download MP4 480p | Entertainment Download MP4 720p | Entertainment Download MP4 1080p |
