Will the bronze plan disappear soon? 4 takeaways

The CareFirst BlueCross BlueShield subsidiary Group Hospitalization and Medical Services will no longer sell bronze level plans on the Virginia marketplace in 2017, according to Kaiser Health News.

Advertisement

Here are four takeaways:

1. Those consumers on the discontinued plan will be shifted to silver plans.

2. Compared to sliver plans paying about 70 percent of benefits, bronze plans only pay 60 percent of benefits.

3. About 23 percent of consumers enrolled in bronze plans during 2016 open enrollment.

4. Analysts predict other payers may follow suit and discontinue bronze plans, as they often enroll healthier people. Payers don’t want to pay in the risk adjustment program landscape.

More articles on coding, billing & collections:
Top Blue Shield of California executives rake in $18.8M — 8 insights into transparency & executive pay
SourceMed, Change Healthcare partner on outpatient medical billing services: 5 key points
Missouri state department pushes back against Aetna-Humana merger — 5 key notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.