Private health exchange to compete with politically-run government exchanges

Healthcare Payer News reports:

Health Care Service Corp. HCSC, WellPoint Inc. and Blue Cross Blue Shield of Michigan announced last week a joint effort to offer a nationwide private insurance exchange and defined contribution solution for employers via an investment in Bloom Health. …

When it comes to the choice for employees, it is clear that one choice Bloom intends to provide using the muscle of its new majority owners is as an alternative to the state insurance exchanges set to be operational in 2014 as mandated in the health reform law.

One leg up a national private exchange could have over state exchanges is the ability for large, multi-state employer to have access to a consistent package of benefits for their employees. In addition, there is some trepidation among private enterprise about the state-run exchanges.

via Health insurers buy majority stake in Bloom Health, will launch national private insurance exchange.

Advertisements

Leave a comment

Filed under insurance, tax code, HSAs, Policy - National

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s