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Blue Cross Blue Shield of Louisiana sale to Elevance Health is off

Posted on AllSides February 14th, 2024
From The Center

A two-day public hearing on the proposed sale of Blue Cross Blue Shield of Louisiana to Elevance Health of Indiana has been canceled as the Louisiana Department of Insurance has been informed the acquisition is off. Several state lawmakers have been concerned about this proposed sale and what it would mean deal for Blue Cross’s one-point-nine million policyholders. Senate Health and Welfare Chairman Patrick McMath says Elevance Health has a troubled history “Elevance has a terrible track record across the country. With regards to premium, increasing quality of care dropping...

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