Who Started Cost Plus Health Insurance? GPA or Blue Cross?

Editor’s Note: This country’s current system of every provider being in a Preferred Provider Network (PPO) while rate increases keep going up by 20-40% per year is not sustainable.  The “New Reality” is here.  New  solutions based on old ideas will need to be implemented or the system that will likely occur is one few will enjoy. Have you negotiated for care? Or do you continue to rely on others to do so?

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Answer:           BIRTH OF THE BLUES & COST PLUS HEALTH INSURANCE

“……………………..the primary reason that the medical community created the Blues was to avoid the consequences of a competitive market—including vigorous price competition and careful oversight of provider behavior by third-party payers. ………..hospitals were reimbursed on a cost-plus basis……………”

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