From Health Plan Week - Starwood Hotels & Resorts Worldwide Inc.’s recent announcement it would shift 26,000 U.S. staff and their dependents to Towers Watson & Co.’s One Exchange demonstrates private health insurance exchanges’ continuing success at attracting employers with the promise of cost savings and more choice for employee benefit decision-making. Read more
From The AIS Report on Blue Cross and Blue Shield Plans - A former vice president of Blue Shield of California on April 6 filed a wrongful termination lawsuit against the carrier, claiming he was retaliated against for blowing the whistle on a questionable vendor contract sought by his superior and firing him one day before he was due a $450,000 performance bonus. Read more
From The AIS Report on Blue Cross and Blue Shield Plans - Horizon Blue Cross Blue Shield of New Jersey’s anti-fraud efforts saved the company $45.4 million in 2014 in monies recovered and losses avoided, the company reported March 31. Since 2005, the Blues plan operator’s anti-fraud efforts have saved $261 million, according to the company. Read more
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