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The AIS Report on Blue Cross and Blue Shield Plans
Today’s issue is brought to you by The AIS Report on Blue Cross and Blue Shield Plans, a hard-hitting independent monthly newsletter on new products, market share, management strategies, profitability, strategic alliances and executive compensation of BC/BS plans. (Not affiliated with the Blue Cross and Blue Shield Association or its member companies.) Sign up for a $72 two-month trial subscription today.

December 14, 2016

Today's Featured Story

Blues Plan CEOs May Be Better Value Than For-Profit Plan Execs
Reprinted from The AIS Report on Blue Cross and Blue Shield Plans*

Despite some hefty compensation packages, top executives at Blue Cross and Blue Shield plans receive substantially less compensation than did CEOs at publicly traded insurance companies. But in terms of company revenue, CEOs of large Blues plans deliver “unexpected bang for the buck,” by generating almost exactly the same revenue per dollar of CEO pay as publicly traded health plans, according to a Nov. 28 report from Pennsylvania-based HR+ Survey Solutions.... Read Full Story

* Not affiliated with the Blue Cross and Blue Shield Association or its member companies.

 

Quote of the Day

“We’ve consistently asked two questions of UnitedHealth over time: 1) Are UnitedHealthcare and Optum influencing each other/collaborating/cooperating (i.e., is Optum transforming UnitedHealthcare)? And, 2) Where is the ‘proof’ of ‘Optum’ within the broader UnitedHealth business? We finally got answers to both questions, and with those answers, in our view UnitedHealth has transformed again, has come of age and looks to be fulfilling the promise we first saw seven years ago.”

— Sheryl Skolnick, Ph.D., managing director and director of U.S. Equity Research for Mizuho Securities USA, according to Health Plan Week

Click here to read the HEALTH PLAN WEEK article in which this quote appeared — "UnitedHealth Sees Strong Growth in 2017 Despite Forecasts for Industry Challenges" (Free for HPW subscribers; $17 for non-subscribers.)

 

Today's Datapoint

$257.30 ... is the average 2017 premium rate on Washington HealthplanFinder for a silver-level HMO for a 40-year-old individual. Other plan models offered to the same customer at the silver level cost $339.54, on average, for EPOs and $357.02 and for PPOs.

From AIS's HEALTH INSURANCE EXCHANGE DATABASE

 

Today from Washington

People on the Move
Caravan Health named Michael L. Sanderson chief business development officer. Sanderson is co-founder of RemitDATA, Inc.... The Commission for Case Manager Certification promoted Chief Operations Officer MaryBeth Kurland to CEO....Cricket Health named Carmen A. Peralta, M.D., chair of the firm’s Medical Advisory Board, and Anna Malkina, M.D., medical director. Peralta is an associate professor of medicine at University of California-San Francisco, a practicing nephrologist at the UCSF Nephrology and Hypertension Faculty Practice, and a clinical investigator and co-founder and executive director of the Kidney Health Research Collaborative. Malkina is an assistant clinical professor at UCSF and a practicing nephrologist at the UCSF Nephrology and Hypertension Faculty Practice.
 

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