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Vermont's largest health care insurer said it will require rate increases of 16.3% for individual health plans and 19.1% for small group health plans, such as the ones many people get through ...
BlueCross BlueShield of Vermont is in a financial crisis and is asking regulators to more than double the amount of money it can put into reserves
William Hsiao, a Harvard University professor of economics who was an advisor during Taiwan's transition to single-payer health care, [3] was enlisted to design three possible options to reform Vermont's health care. [4] Hsaio, along with Steven Kappel and Jonathan Gruber, presented the proposal to the legislature of Vermont on June 21, 2010. [5]
Blue Cross Blue Shield of Nebraska was founded in 1939. [40] On July 1, 2018, BCBS Nebraska formed GoodLife Partners Inc., a mutual holding company, to conduct its noninsurance businesses. The company retained the Blue Cross brand, converting from mutual ownership to a stock company wholly owned by GoodLife.
Blue Cross VT has dropped its requirement for prior authorization at Open MRI making it easier for patients to access lower cost MRIs
The funds come from the Michigan Health Endowment Fund created in 2013 and requires Blue Cross Blue Shield of Michigan to contribute "up to $1.56 billion over 18 years to a health endowment fund that benefits Michigan residents". [9] In 2023, Blue Cross Blue Shield of Vermont merged into Blue Cross Blue Shield of Michigan. [10]
Patrick H. Conway, president and chief executive officer of Blue Cross Blue Shield of North Carolina from 2017 to 2019 [24] until his resignation following an arrest for DWI and child abuse [25] J. Patrick Rooney, chairman, president, and chief executive officer of Golden Rule Insurance Company until his retirement in 1996 [26]
In 2011, the Vermont Legislature passed and Gov. Peter Shumlin signed “An Act Relating to a Universal and Unified Health System.” The state-wide, single-payer system was to start in 2017.