Nonprofit Blue Cross Blue Shield of Louisiana would get $2.5B for selling itself to Elevance, a for-profit company _____ BCBS-LA insures 1.9M Louisiana customers _____ The Louisiana State Medical Society, which represents 4,000 physicians, is against the deal _____ Doctors say a for-profit company could put profits over people's health _____ BCBS-LA wants the deal because it is losing market share to bigger national insurers _____ Two-thirds of Blue Cross' members and the state's Insurance Commissioner have final say over the sale _____ Source: Louisiana State Medical Society, Blue Cross Blue Shield of Louisiana Note: We deliver Inside Louisiana Politics three times a week. Got this email from a friend? Click here to be added to our list! |