ANNAPOLIS — Maryland’s governor and legislative leaders Wednesday celebrated the federal government’s approval of a reinsurance program, praising the bipartisan manner in which they acted and making good-humored jokes about their age. But they also described the reinsurance proposal as ...

Tagged with: CareFirst BlueCross BlueShield health care insurance Kaiser Permanente reinsurance

Maryland’s hospital rate-setting board will consider the unprecedented step of asking the state’s private insurers to pay more to account for uncompensated care at the state’s hospitals, a reflection of more unpaid bills from patients facing growing out-of-pocket costs through their private insurance company.

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Maryland’s insurance regulator Monday heard health insurance companies’ cases for raising premiums on the individual market by an average of 30 percent, but those requests could fall if a reinsurance program is approved. Rate increases considered Monday would continue a ...

Tagged with: CareFirst BlueCross BlueShield Kaiser Permanente maryland insurance administration

A federal agency has reversed its decision earlier this month to stop collecting and making risk adjustment payments to health insurers, announcing it would reinstate the payments. The Centers for Medicaid and Medicare Services had said they would top making ...

Tagged with: Al Redmer CareFirst BlueCross BlueShield Centers for Medicare & Medicaid Services Kaiser Permanente risk adjustment Seema Verma

Think about your firm or business as a place where you can create a community.

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Chet Burrell says retirement is not going to stop him from finding ways to reduce the costs of chronic diseases and other expensive maladies. The CareFirst BlueCross BlueShield president and CEO will step down at the end of the month after ...

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Staying within the company, the board of CareFirst, Inc. has named Brian D. Pieninck president and CEO of CareFirst BlueCross BlueShield beginning July 1. Pieninck, who currently serves as the company’s chief operating officer, will succeed Chet Burrell, who will retire at ...

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Insurers on Maryland’s individual health exchange are proposing to raise their rates by an average of more than 30 percent, as hopes for stabilizing the market increasingly depend on the state’s application for a reinsurance program.  The increasing rates could ...

Tagged with: Al Redmer CareFirst BlueCross BlueShield chet burrell Kaiser Permanente maryland insurance administration

Maryland wants a reinsurance program to stabilize the individual market and lower premiums, but one of the exchange’s two remaining insurers fears the state’s application could further destabilize the market, forcing it to raise rates next year and to reconsider ...

Tagged with: CareFirst BlueCross BlueShield individual market Kaiser Permanente reinsurance risk adjustment

The board of trustees of the Maryland Health Benefit Exchange has approved parameters for an application for a reinsurance waiver from the federal government, opening the door to lowering rates for the 2019 plan year on the individual health exchange. The ...

Tagged with: CareFirst BlueCross BlueShield maryland health exchange reinsurance