Consulting Actuary William Bednar was quoted in a recent Health Evolution article that focused on the Blues antitrust settlement.
“I don’t know if the other Blues plans would do that. A lot of them are regional. Anthem is the one that’s nationwide. They have over 60 million members,” says Bednar. For Blues consumers, the short-term benefit will be cash in their pocket from the settlement. Even more important, experts say they may see lowered rates from increased competition. “If Anthem wants to move into a new market, most likely they will go in with aggressive rates in order to get some of the market share,” Bednar adds.
Read the full article at the link below.