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Tag Archives: carefirst

1501 Health announces second cohort, featuring one Baltimore company

1501 Health, a Baltimore-based incubator for health care innovators, Wednesday announced the seven members of its second cohort, which includes one Maryland company. The incubator, which launched last year, is a partnership between LifeBridge Health, a health care provider in the ...

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Md. legislators want more information on insurance rate-setting process

Health Overhaul

State legislators will seek a deeper understanding of what goes into the insurance rate-setting process as the legislature this year tackles high health insurance premiums on the individual market. Bills heard in the House Health and Government Operations Committee and ...

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Signups on Md. exchange increase as open enrollment nears midpoint

Despite significant turmoil this year, the 2018 open enrollment period of Maryland’s health exchange has seen an increase in signups from last year’s open enrollment period, just days before the period’s midpoint. As of Friday, more than 130,500 people have ...

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Md. regulator approves increased health insurance rates for 2018

Maryland Insurance Commissioner Al Redmer Wednesday approved amended rates for the 2018 insurance market that will increase premiums for silver-level plans of the state’s health exchange as a result of the Trump administration’s decision to halt cost-sharing reduction subsidy payments ...

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CareFirst says patient-centered model is reducing costs

Using a patient-centered managed care model to manage chronic conditions, CareFirst BlueCross BlueShield has managed to slow health care cost growth to less than 4 percent over the past three years, officials say. From 2013 to 2016, CareFirst health care costs ...

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Burrell to retire from CareFirst next year

CareFirst BlueCross BlueShield President and CEO Chet Burrell will retire from the insurer next year, the company announced Friday. Burrell has held the role with the company since December 2007 and will leave in the middle of 2018. “A decade ...

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Significantly higher insurance premiums approved for 2018 on Md. health exchange

Marylanders insured through the individual health exchange will see substantially higher premiums in 2018, though not as high as insurers wanted, after Maryland Insurance Commissioner Al Redmer approved final rates Friday. Redmer approved average rate increases of 34.5 and 50 ...

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Md. health insurance rate hike requests drawing painstaking review

Maryland Insurance Commissioner Al Redmer expects to make a long-anticipated decision by Friday on substantial rate increases on the individual market requested by Maryland’s health insurers. The insurance commissioner has taken great pains to review the request as he seeks to ...

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CareFirst open letter highlights dispute with Anne Arundel Medical Center

The head of CareFirst Thursday fired back at officials of Anne Arundel Medical Center after the hospital announced publicly that it was seeking to end its contract with the insurer over a dispute about reimbursement rates. Chet Burrell, president and chief executive ...

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Anne Arundel Medical announces intention to terminate contract with CareFirst

(UPDATED AT 7 p.m.): Anne Arundel Medical Center will terminate its contract with CareFirst if the insurer does not increase proposed reimbursement rates, the system announced Monday. Termination would make the medical center and its affiliates an out-of-network provider for CareFirst ...

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