Blue Cross and Blue Shield of Minnesota begins 'Future of Health Care' Initiative

Blue Cross and Blue Shield of Minnesota announced its "Future of Health Care" Initiative aimed at addressing cost challenges in Minnesota and beyond.

The payer is taking a three pillar approach to insurance: clinical innovation, care management and network and payment.

Here's what you should know:

1. Clinical innovation is going to help members address their specific health needs through collaborative partnerships. BCBS partnered with Rochester, Minn.-based Mayo Clinic's Living Donor Kidney Program to leverage their resources to help improve kidney donation rates. The program is basically a kidney database, that pairs potential matches with potential donors.

2. Care management is centering care around coordination and evidence-based practices.

3. The network and payment pillar focuses on utilizing value-based care and similar efficiency-facing programs to drive down cost of care, while also creating more precise predictability models.

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