Florida Blue Aims to Restructure as Mutual Insurance Holding Company

Health insurer Florida Blue announced it has applied with the state insurance department to become a customer-owned non-profit mutual insurance holding company.

Advertisement

 

Transitioning to a mutual insurance company will not affect the plan’s benefits or provider networks, and Florida Blue would continue to operate as a subsidiary of Blue Cross Blue Shield. Florida’s Office of Insurance Regulation and Florida Blue policyholders must first approve of the restructuring, according to a news release.

 

More Articles on Health Insurers:

Improved Medicare Solvency No Panacea for Nonprofit Hospitals

AHA Supports Bill to Provide Liability Protections to Safety-Net Providers

3 Tips for MSSP ACO Application Success

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

  • Kalamazoo, Mich.-based Bronson Healthcare has launched an employer-sponsored health plan in partnership with Key Benefit Administrators, a third-party administrator. The…

  • From CommonSpirit naming a system vice president of physician enterprise revenue to Ohio State University Wexner Medical Center naming a…

Advertisement

Comments are closed.