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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.

January 3, 2017

Today's Featured Story

Blues Plans Show Improvement in Exchange Margins
Reprinted from THE AIS REPORT ON BLUE CROSS AND BLUE SHIELD PLANS*

As the dominant players on many state health insurance exchanges, Blue Cross and Blue Shield plans are particularly vulnerable to negative financial conditions on the marketplaces. But Blues plans (excluding publicly traded Anthem, Inc. and Triple-S Management Corp.) actually showed “continued improvement in their ACA exchange margins,” reported Matthew Borsch and colleagues at Goldman Sachs Equity Research in a recent report on Blues plans’ third-quarter 2016 financial results.... Read Full Story

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

 

Quote of the Day

“I watched what Obamacare did to our small businesses. That got me interested in the insurance world.”

— Jon Godfread, vice president of regulatory affairs at the Greater North Dakota Chamber of Commerce, who just won election as the North Dakota Insurance Commissioner.

Click here to read the HEALTH PLAN WEEK article in which this quote appeared — "Newly Minted State Regulators Hope to Attract Competitors, Hold Down Rate Hikes" (Free for HPW subscribers; $17 for non-subscribers.)

 

Today's Datapoint

$451.69 ... is the average gold-level premium offered on the Oregon Health Insurance Marketplace to a 40-year-old individual. $614.07 is the highest premium; it is for a BridgeSpan Health PPO. $359.00 is the lowest premium; it is for a Kaiser Foundation Health Plan of the Northwest EPO.

From AIS's HEALTH INSURANCE EXCHANGE DATABASE

 

Today from Washington

People on the Move

The American Clinical Laboratory Association promoted Executive Vice President Julie Khani to president. She will succeed outgoing president Alan Mertz, who is retiring but will continue to serve the association in a key advisory role…. BioDelivery Sciences International, Inc. named Peter Ginsberg vice president of business development. He most recently headed business development for United Therapeutics….Medac Pharma, Inc. appointed Kevin O'Brien as vice president of sales. He previously served as senior national sales director for Sobi, Inc.

 

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