Blue Cross Blue Shield of Massachusetts is giving $101 million in premium refunds

Jannie Delucca

Blue Cross Blue Protect of Massachusetts declared Wednesday that it is returning $one zero one million in top quality refunds and rebates to its users.

The insurance provider claimed it is ready to do this because of the decreased-than-expected expense of health care throughout the COVID-19 pandemic.

The refunds will be mirrored on fully insured employer teams and members’ September invoice and will equivalent fifteen% of their Could 2020 professional medical top quality. For Medicare Gain users, a a person-thirty day period “top quality holiday break” will be granted in which they will not likely be charged that thirty day period.

WHY THIS Issues

The COVID-19 pandemic has experienced a massive effect on the health care sector. Though providers have been struggling fiscally from the included expense of COVID-19 therapy and deficiency of elective processes, insurers have saved cash from the reduction in claim charges.

Insurers have been refunding cash

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DOJ sues to block Geisinger Health’s partial acquisition of Evangelical Community Hospital

Jannie Delucca

Graphic of Geisinger Medical Middle from Fb.

The U.S. Department of Justice has sued to block Geisinger Health’s partial acquisition of its shut rival Evangelical Local community Clinic. 

The complaint alleges that the arrangement basically alters the relationship amongst the parties, elevating the likelihood of coordination and lessening incentives to compete aggressively from just one yet another. 

As a final result, the transaction is possible to lead to greater price ranges, reduced quality and lowered access to superior-top quality inpatient medical center companies for sufferers in central Pennsylvania, the DOJ said. 

The lawsuit was filed in the U.S. District Court for the Middle District of Pennsylvania. 

WHY THIS Issues

In October 2018, Geisinger introduced that Evangelical Local community Clinic experienced chosen Geisinger as its strategic partner but would continue being unbiased below the phrases of the offer.

Geisinger was to make cash investments in Evangelical and Evangelical was to transition

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