School District Alert: Beware of Health Insurance Cooperatives

Although the following article is 3 years old we may be seeing a similar debacle unfolding before our very own eyes in Texas in 2024……………

Dozens of school districts left scrambling to pay $11.6 million in debts, a financial shipwreck that raises concerns about such ventures, which are virtually unregulated……

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Why Do Insurers & Hospitals Fight Over Prices?

Baylor Scott & White Health to Terminate Blue Cross Blue Shield Agreements in July

Why should health insurance companies negotiate lower prices with hospitals when, thanks to the federal government mandate known as the Minimum Loss Ratio, both get paid more through higher prices? A sign of a good business deal is when both sides walk away from the table happy.

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