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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Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  2 comments for “Good News! Insurers are Getting Bigger!

  1. PW
    March 26, 2019 at 10:13 am

    “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.”

    Translation: We have to do something to give the illusion that we are making the system better, but still making a killing off you people.

  2. Rick M Singel
    March 26, 2019 at 8:27 am

    Doug, I lost my coffee too!
    But then I realized that whenever insurance companies make a move, it is only “to serve patients better”. Selfless.
    Recently, our regional dental insurance company, Dental Care Plus, started by we dentists in Cincinnati to combat the onslaught of PPOs and DMOs, just sold out to a giant conglomerate out of Boston, DentaQuest. Why? To serve us better.
    It turned my stomach yesterday when I got the letter.

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