California Blue Shield CEO: Parts of Health Law Overdue Yet Challenging

Bruce Bodaken, Blue Shield of California’s retiring CEO, said adapting to the Patient Protection and Affordable Care Act “will be the biggest challenge that I think any health plan CEO will face over the next several years,” according to a Kaiser Health News report.

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Managing the changes to payors, providers and patients in the overhaul of state and federal regulations is going to be a challenge in “such a short period of time,” Mr. Bodaken told Kaiser Health News.

Mr. Bodaken touted the potential cost-savings of accountable care organizations under the health reform law, but he cautioned regulators to not be “too prescriptive” and to “do this in stages,” according to the report.

Mr. Bodaken was also supportive of the promise of accountable care organizations to reduce medical costs.

“We think [ACOs] are going to make a real difference in cost,” he told Kaiser Health News. “They’re going to make a real difference in quality, and the biggest challenge that we will face are [sic] having enough seasoned and experienced medical directors and physician leaders. Physician leadership on the ground makes the difference.

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