Highmark and HealthNow New York explained this 7 days they have agreed to affiliate, bringing jointly the two nonprofit Blue Cross Blue Defend well being insurance policies plans that serve the communities of Western and Northeastern New York, as effectively as Highmark’s Pennsylvania, Delaware and West Virginia locations.
The stated intention of the affiliation is to travel better well being outcomes, regulate prices, increase affordability and enhance engagement for shoppers and clinicians.
Below the terms of the affiliation agreement, Highmark’s mum or dad corporation, Highmark Health, will come to be the primary licensee of the Blue Cross and Blue Defend Association for HealthNow’s correct-county Western New York and 13-county Northeastern New York services places, pending regulatory approvals and the gratification of other closing problems.
What’s THE Effects
In a assertion, Highmark explained users will acquire the rewards of further methods and breadth of choices “when preserving the local id and target of a regional, mission-pushed corporation.”
The affiliation agreement unanimously approved by the respective well being plans’ boards of administrators has provisions that are intended to protect HealthNow’s historic existence in Western and Northeastern New York. For case in point, HealthNow will manage its headquarters in Erie County, New York, as effectively as its regional business office in Albany County.
HealthNow will be branded Highmark Blue Cross Blue Defend of Western New York and Highmark Blue Defend of Northeastern New York, preserving the well being plan’s local id.
In a nod to local affect above healthcare decisions and preserving a local industry existence, the entities explained they would manage positions in the local affiliate’s industry, therefore reducing disruptions to the workforce. HealthNow Administrative Expert services, with locations in Blue Bell, Pennsylvania and Sacramento, California will also be element of the proposed transaction, preserving 3rd bash administrator providers for a lot more than a hundred,000 shoppers.
Alongside one another, Highmark and HealthNow provide well being insurance policies plans that serve practically 6 million users.
ON THE Record
“This affiliation is great for the individuals and communities we serve,” explained David Anderson, president and CEO of HealthNow. “Highmark has a unique organization design, arranged all around the principles of partnership involving payers and providers. In addition, Highmark has been a leader between the Blues and in the broader business in developing new capabilities and innovative Blue Cross Blue Defend products from which our users and shoppers will gain.”
“Highmark has a strong monitor record of thriving relationships and affiliations with other Blue Cross and Blue Defend firms,” explained Deborah Rice-Johnson, president of Highmark. “This affiliation will protect the strong existence of a not-for-income Blue business that is committed to the well being and vitality of the local communities it serves.”
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