Good News! Insurers are Getting Bigger!

Have you heard? Blue Cross and Blue Shield of North Carolina are combining with the Oregon-based insurer Cambia Health Solutions, and the two companies would together cover around six million people and have about $16 billion in combined revenue. Here was what one of the Blue Cross CEO’s said:

“We have to do something different to make health care better, simpler, and more affordable for the people we serve,” Conway said in a statement. “By sharing resources, innovations, and best-in-class services we can fundamentally transform the way individuals and families experience the health care system.”

I actually spit out my coffee laughing at that! Wow. I only hope someone looks back at this quote in 2 years and keeps them accountable.

It’ll never happen.

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130060cookie-checkGood News! Insurers are Getting Bigger!