Navigation Links
Regence Group's Oregon and Washington Blue Plans Are Well Positioned for Success in Local Medicare Market
Date:7/29/2008

Medicare PPO Strategy Sets Regence Blue Plans in Oregon and Washington

Apart, According to a New Report from HealthLeaders-InterStudy

NASHVILLE, Tenn., July 29 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that Regence BlueCross BlueShield of Oregon and Regence BlueShield of Washington are well positioned to make a significant play in the Medicare market. According to the new report entitled Blue Profiler: Oregon & Washington -- The Regence Group, both plans focus primarily on Medicare PPO offerings, while their competition has traditionally offered HMO and private fee-for-service options.

"Until earlier this year, Regence of Oregon offered a Medicare HMO product, but it is now focusing exclusively on the PPO offering in the Medicare market," said Ric Gross, market analyst at HealthLeaders-InterStudy and author of the report. "As commercial HMOs in the region are declining, it makes sense that Regence would explore this PPO strategy. Regence is in good position to be a choice for seniors looking for private Medicare products because the structure of its Medicare PPO plans is similar to employee-sponsored coverage they may have previously received."

According to the report, Regence is now the second largest local Medicare PPO vendor nationwide with more than 85,000 members. The local PPO offers operators flexibility as they do not have to offer the plan to seniors throughout an entire region, but instead, can determine in which counties the option will be available. In Washington, for example, Regence offers the Medicare PPO in 18 counties across the state.

Blue Profiler: Oregon & Washington -- The Regence Group examines the company's operations in both Oregon and Washington. It is one of 15 Blue Profiler reports for 2008 covering the nation's largest nonprofit Blue Cross Blue Shield plans, which together insure more than 50 million people.

About HMOs and PPOs

A health maintenance organization (HMO) offers a health plan that enables members to utilize services within a group of participating physicians and hospitals. A preferred provider organization (PPO) utilizes a network of providers that the insurer recommends to its members. Members may go outside the network, but such action likely requires paying additional costs.

About Blue Profiler

Blue Profiler offers the most comprehensive analysis of the nonprofit Blue Cross Blue Shield plans. Each report focuses on an individual nonprofit Blue plan and includes valuable analysis that will allow companies to more effectively partner with these dominant organizations. Each report includes information on:

-- Competitive analysis

-- Enrollment trends

-- Company-wide financials

-- HMO financials

-- Consumer-driven products

-- Medicare strategy

-- Pharmacy

-- Disease Management

About HealthLeaders-InterStudy

HealthLeaders-InterStudy, a company of Decision Resources, Inc., is the authoritative source for managed care data and analysis. For more information, please visit http://www.HealthLeaders-InterStudy.com.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Elizabeth Marshall

Decision Resources

781-296-2563

emarshall@dresources.com


'/>"/>
SOURCE HealthLeaders-InterStudy
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Regence Wins Four International Telly Awards for Health and Wellness Videos
2. Regence Pilot Shows Affordability of Electronic Medical Records
3. Newly Launched Regence Foundation to Help Transform Health Care and Influence the Nationwide Health Care Debate
4. The Leukemia & Lymphoma Society Receives More Than $36,000 From Regence
5. Regence Automates Provider Contracting with Kryptiqs Choreo Contract Manager
6. Regence Enables Members to Share Feedback With Each Other When Researching Health Care Provider Options
7. myRegence.com Wins Three Gold Awards from eHealthcare Strategy & Trends
8. Regence Partners with Multnomah Education Service District to Bring Free Health Services to more than 20,000 Students in Need
9. American Heart Association Award Recognizes Regence as a Start! Fit-Friendly Company
10. American Heart Association Honors Regence BlueCross BlueShield of Utah as the States First Start! Fit-Friendly Company
11. Regence Introduces Two New Plans Designed Especially for Small to Mid-Size Companies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... Brooklyn, NY (PRWEB) , ... June 27, 2016 ... ... is using cutting edge technology to revolutionize the emergency ambulance transport experience for ... Many are aware of how Uber has disrupted the taxi industry through the ...
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet ... product that was developed to enhance the health of felines. The formula is all-natural ... two main herbs in the PawPaws Cat Kidney Support Supplement Soft Chews ...
(Date:6/25/2016)... ... , ... The temporary closing of Bruton Memorial Library on June 21 due to a possible ... often overlooked aspect of head lice: the parasite’s ability to live away from a human ... but a necessary one in the event that lice have simply gotten out of control. ...
(Date:6/25/2016)... , ... June 25, 2016 , ... On Friday, June ... a Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments ... of the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Marcy was in a crisis. Her son James, ... out at his family verbally and physically. , “When something upset him, he couldn’t control ... use it. He would throw rocks at my other children and say he was going ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... Tenn. , June 24, 2016  Arkis ... providing less invasive and more durable cerebrospinal fluid ... in funding.  The Series-A funding is led by ... Lighthouse Fund, and other private investors.  Arkis, new ... neurosurgical instrumentation and the market release of its ...
(Date:6/23/2016)... , June 23, 2016 ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, ... Formulation (Oral, Topical, Coating, Parenteral) - Global Forecast to ... The global pharmaceutical excipients market ... at a CAGR of 6.1% in the forecast period ...
(Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on the ... announced that patient enrollment in its ongoing randomized ... has exceeded 50% of its 24-patient target. Capricor ... the third quarter of 2016, and to report ...
Breaking Medicine Technology: