Displaying items by tag: Blue Cross Blue Shield of Michigan
Here is the MiBiz Growth Report for April 25, 2021.
A health plan that for years has provided coverage for employees at beer and wine wholesalers in Michigan now looks to offer the same benefits to craft brewers, distilleries and wineries across the state, providing a potential lower-cost option to consider.
Here's the MiBiz Growth Report for March 28, 2021.
Small business clients of Blue Cross Blue Shield of Michigan that renew their health policies in the second half of the year will see small rate increases of less than 2 percent.
The yearlong COVID-19 pandemic drove down earnings last year at West Michigan’s major health insurance providers.
In September, Dr. James Grant became chief medical director at Blue Cross Blue Shield of Michigan, making the transition during the COVID-19 pandemic that has elevated telehealth to the forefront in the industry. While a COVID-19 vaccine became available a week ago, starting with frontline health care workers and long-term care facilities, the pandemic will drive much of what happens in the health care industry in 2021, according to Grant.
As reports continue to rank Michigan as one of the least competitive markets in the nation, the statewide trade group representing HMOs wants to ensure that insurance carriers are able to pursue business when employers bid out employee health coverage.
Health insurance open enrollment for 2021 starts Nov. 1 with small increases in rates for individual and small employer health care policies.
Michigan ranked second-lowest in the nation for what employers and insurance carriers paid hospitals for care compared to payments hospitals received from Medicare from 2016 to 2018.
COVID-19 has hit the world hard, including the business landscape. Many companies are struggling under the strain the pandemic has put on our economy, from decreased spending to wide-scale shutdowns. In the face of this economic uncertainty, businesses of all sizes and their employees are facing tough choices when it comes to spending.