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The Blue Cross and Blue Shield Association rescinded a rule that limited the amount of revenue its 35 member plans could generate from non-Blues-related businesses, although experts question whether the change will impact competition across the brand.
The rule required two-thirds of Blues plan licensee s national net revenue from health plans and related services to stem from Blue-branded business.
In a statement, a BCBSA spokesperson said the rule change was consistent with the terms of the subscriber settlement agreement, referencing the $2.7 billion preliminary deal approved last October by U.S. District Judge David Proctor in Alabama. The agreement aims to resolve a major lawsuit first filed by customers in 2012 that accused the Blue companies of fixing prices and driving up premiums. Blues companies provide health insurance to more than 100 million people, or one in three Americans.
Becerra Sets New Course as HHS Secretary After Senate Confirmation shrm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shrm.org Daily Mail and Mail on Sunday newspapers.
Board has been shrinking during, after Nutrisystem chapter
The Tivity Health board of directors is set to shrink by two seats next month, when two incumbent members will not stand for re-election.
Peter Hudson and Ben Kirschner were first elected directors of Franklin-based Tivity in 2016 and 2019, respectively. Hudson, 55, is a managing director of health care venture capital Alta Partners and also chairs the boards of U.S. Acute Care Solutions and Emergency Medicine Physicians. Kirshner, 43, is chairman of Tinuiti, a digital marketing agency he founded in 2019. He joined the Tivity board via its ill-fated acquisition of Nutrisystem, which was unwound late last year.
UnitedHealthcare sued for allegedly bribing providers to avoid out-of-network referrals modernhealthcare.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernhealthcare.com Daily Mail and Mail on Sunday newspapers.
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Bass, Berry & Sims attorney Angela Humphreys Chair of the Healthcare Practice and Co-Chair of the Healthcare Private Equity Team sat down virtually with Paul Keckley a healthcare policy analyst, industry expert and Managing Editor of
The Keckley Report to discuss the anticipated healthcare policy changes under the Biden administration and what impact these changes could have on the healthcare industry.
Keckley expects the Biden administration to pursue incremental policy shifts. The environment is not politically ripe for sweeping changes, he said, although toward the end of this decade, the aging of the population and other factors may align for change on the scale of the Affordable Care Act (ACA).