Do You Want Your Blue Cross Plan to Have Big Market Share?
Recently, I’ve read some news articles on a study talking about how concentrated health insurance markets are in different states. The study, thoughts from important officials and data all lead to one set of conclusions for our state:
Last week, I took a well-deserved vacation. As I perched on the balcony of a nice condo on a balmy October day, enjoying an amazing view of the Gulf of Mexico and people below swimming, sunning and playing, my phone started going crazy. I mean crazy.
At its heart, health insurance is a pretty simple business. Instead of running the risk of a medical situation that outstrips your ability to pay for it (and in the healthcare world, that’s a pretty common occurrence), you transfer some or most of that risk to another entity (like Blue Cross).
Blue Cross Healthcare Economist Mike Bertaut is on the road, on the job and around Louisiana. Now is your chance to follow along, as he brings the Straight Talk to you and your fellow Louisianians in our new series of videos.
More than 90 percent of the people who have private health insurance in Louisiana get it because they either: have a job, are retired from a job or are related to someone who has a job.
A few months ago, the U.S. House of Representatives passed the American Healthcare Act (AHCA). The bill next went to the Senate, which created several of its own bills, including the Better Care Reconciliation Act (BCRA). While these bills are not actively being debated as I write this, they are far from dead, as is the “repeal and replace” debate, which still rages.
