Navigation Links
NJHA: Public Deserves Full Disclosure of Horizon Conversion Plan
Date:9/11/2008

PRINCETON, N.J., Sept. 11 /PRNewswire-USNewswire/ -- The New Jersey Hospital Association today called for greater transparency of Horizon Blue Cross/Blue Shield's application to become a for-profit company.

"There is far too much at stake for the people of New Jersey to have this process proceed with key information shielded from the public," said NJHA President and CEO Betsy Ryan. "New Jersey residents are rightfully concerned about the high cost of health insurance and access to coverage. They deserve a full and open airing of this important issue."

NJHA's appeal comes after its request for more information, made under the state's Open Public Records Act, was denied Monday by the state Attorney General's office. The state's release of additional information yesterday shed little light on critical business analyses, financial projections and other information that would help determine whether the conversion plan truly is in the public interest. These critical documents - and much more - were made publicly available in other states where conversions were proposed, including Maryland, Washington and Kansas. Much of the information released yesterday by the Department of Banking and Insurance has been available on the Horizon Web site.

Horizon is the state's largest insurer, covering 46 percent of New Jersey's insured residents - including the State of New Jersey's workforce. If the state approves its request to switch from a nonprofit to for-profit company, the state stands to benefit from the interest dollars generated by $1 billion or more in public assets that would be placed in a public trust. Annual interest from those dollars could be used to fund state programs, presumably for healthcare.

However, said Ryan, such a conversion plan also holds tremendous implications for the public. Horizon is New Jersey's insurer of last resort and covers a great deal of New Jersey's Medicaid beneficiaries. Key questions demand answers, she said, including whether premiums would increase to satisfy the expectations of share holders, whether the new for-profit company would still cover Medicaid patients and whether the quality of the coverage would suffer under a for-profit company.

Specifically, NJHA sought from the state any additional information, data, reports, analyses and documents that the insurer has filed with the Department of Banking and Insurance and Attorney General's office to justify its conversion request. On Monday, the Attorney General denied the request, saying the documents sought are not considered public records.

"Is a for-profit Horizon good for New Jersey? No one knows at this point," said Ryan. "But the public certainly should have the right to review all the key information and feel confident that its interests are being protected. So far, that's not happening."

"We urge Horizon's executives and state leaders charged with reviewing the application to let the sun shine on this process and allow the public full access to the information that may decide the future of their health insurance coverage."


'/>"/>
SOURCE New Jersey Hospital Association
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. NJHA: State Report Provides Thorough Examination of Hospital Fiscal Woes
2. NJHA: State Faces Access-to-Care Crisis
3. NJHA: No Hospital Safe from States $143 Million Cut
4. Mailman School of Public Health study examines link between racial discrimination and substance use
5. New Poll Shows Public Distrusts Flawed Healthcare Approach Favored by Governor and Speaker in AB 8
6. Physician Skin Care Specialist Says Proposed New Rules for Sunscreen Products Will Better Protect the Public
7. Open access to health research publications
8. MultiVu Video Feed: PUBLIC HEALTH EXPERTS CONVENE TO DISCUSS THE TREATMENT AND PREVENTION OF RABIES
9. PA Secretary of Public Welfare Responds to Warren State Hospital Closure Rumors
10. Weiner Public News First Media Team at National Press Club 5K
11. ComPsych(R) Corp. Announces Health at Work(SM) Award Winners: Sprint, Erie Insurance, City of Naperville and Green Hills Public Library
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2017)... ... March 28, 2017 , ... ... SkyLex Advanced Surgical, Inc. is thrilled to offer the recently FDA-approved Obalon Balloon ... this procedure adds to SkyLex Advanced Surgical’s already comprehensive list of weight-loss ...
(Date:3/28/2017)... ... March 28, 2017 , ... Silicon Valley Hair Institute, the San Francisco Bay ... post about women’s hair loss. Although hair transplant procedures can be seen as more ... or genetics can be two reasons a woman may see her hair thinning. , ...
(Date:3/28/2017)... ... 2017 , ... “A Prophets Bones”: a thrilling adventure that reveals the mystery of Kevin’s purpose. ... that his parents and teachers had asked of him that he had neglected to do, ... defy the Almighty Creator. There were some who would have felt themselves to be special ...
(Date:3/27/2017)... ... March 27, 2017 , ... Drs. ... smile makeovers without requiring a referral. Trimble Dental offers a variety of ... dentistry and dental implants. Whether patients have discolored, crooked or missing teeth in ...
(Date:3/27/2017)... ... March 27, 2017 , ... ... to the OSEHRA popHealth Community in 2014. It is the culmination ... the Developer Open Source Project Group. OSEHRA Organizational Member Zato Health co-funded the ...
Breaking Medicine News(10 mins):
(Date:3/27/2017)... , March 27, 2017 LightIntegra Technology Inc. ... William "Bill" Dubiel as President and Chief Executive Officer ... to the Board of Directors of LightIntegra. Paul ... Chairman of LightIntegra. "This is the ... and Chief Executive Officer. We,ve selected a very strong ...
(Date:3/27/2017)... 2017  A new survey from the ... Competitive Bidding Program (CBP) significantly reduced beneficiary choice and ... of choice forces beneficiaries to switch to unfamiliar or ... AADE,s survey is the latest in ... pointing out the inherent problems with the CBP. Last ...
(Date:3/27/2017)... BioLineRx Ltd. (NASDAQ/TASE: BLRX), a clinical-stage ... AGI-134, an immunotherapy for the treatment of multiple cancers, obtained ... featured at the upcoming American Association for Cancer Research ... to be held on April 1-5, 2017. ... An abstract titled ...
Breaking Medicine Technology: