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 The leading web portal for pharmacy resources, news, education and careers September 19, 2017
Pharmacy Choice - Pharmaceutical News - Blue Cross and Blue Shield of Minnesota Contract is Terminated by Children's Hospitals and Clinics - September 19, 2017

Pharmacy News Article

 3/20/17 - Blue Cross and Blue Shield of Minnesota Contract is Terminated by Children's Hospitals and Clinics

By a News Reporter-Staff News Editor at Managed Care Weekly Digest Blue Cross currently pays Children's well above the rate that the State of Minnesota has set for its own direct Medicaid payment rates, and in some cases, double.

With unprecedented growth in Medicaid utilization levels, current reimbursement rates are not sustainable for the marketplace. The proposal Blue Cross offered to Children's is still above market rates, in recognition of the unique specialty services offered to our members by Children's.

For the 2016 plan year, the State of Minnesota opened the Medicaid program for competitive bidding by Minnesota insurers in an effort to reduce the cost the State pays for medical care in Medicaid. As a key Medicaid insurer, Blue Cross has an obligation to work with the health care provider market to emphasize the need for stronger efforts to contain managed care costs in the face of rapidly rising per-enrollee spending (see also Blue Cross and Blue Shield of Minnesota).

Blue Cross is urging Children's to be part of the solution on health care costs, and accept Medicaid payments that are in line with what other large hospitals with pediatric trauma capabilities have already accepted as reasonable rates.

"Children's request for a payment increase at this time is concerning to us, considering their status as the highest paid care system in Minnesota for Medicaid services," said Black. "Medicaid costs have reached critical levels and have already led to significant disruption and instability for Medicaid enrollees with the recent exit of Medica. As a state, Minnesota needs stronger efforts and greater participation from hospitals and clinics to contain health care costs in the face of rising spending."

Many families value having access to Children's Hospitals and Clinics of Minnesota as part of their health plan, and Blue Cross values and respects the high quality of care that Children's delivers every day.

"Our hope is for Children's to remain accessible to our members as a participating provider within our network," added Black. We have shared our approach with Children's and remain hopeful that they will reconsider their decision and join our efforts."

Keywords for this news article include: Hospital, Medicaid, Health Policy, Blue Cross and Blue Shield of Minnesota.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC



(c) 2017 NewsRx LLC

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