Health insurance company to put its individual PPO plans to rest

Texas health Insurance companies

Blue Cross Blue Shield of Texas will begin phasing out its PPO coverage Blue Cross Blue Shield of Texas has announced that it will be phasing out its PPO coverage for individuals. The health insurance providers is doing so because it believes that offering this coverage is no longer financial sustainable. Those with PPO coverage from the insurer will have to switch to HMO plans as a result. Notably, the company’s PPO plans will continue to be offered to employers and group PPO plans will still be available. Cost of…

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Health insurance market in Texas may not be competitive

Texas Health Insurance Program

Study highlights lack of competition within the Texas insurance market The American Medical Association has released a new study that suggests the insurance market in Texas is becoming less competitive. According to the study, Blue Cross Blue Shield of Texas is the dominant insurance provider in all but one of the state’s metropolitan areas. UnitedHealth Group is also a major player in the health insurance market. Together, these two companies account for 63% of the state’s commercial health insurance market, up from 57% in 2010. Blue Cross dominates many of…

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Ongoing reimbursement battle may negatively affect health insurance policyholders

Texas health Insurance companies

Blue Cross Blue Shield and Hendrick Health System continue to fight over reimbursement in Texas Blue Cross Blue Shield of Texas has been locked in a fight over reimbursement rates with Hendrick Health System for several months now. Officials at Hendrick health System claim that the organization is due reimbursement from the insurance company, but Blue Cross Blue Shield argues that it is not liable for any reimbursements at this time. As the two organizations continue to fight over the issue, policyholders may actually end up being the ones that…

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