BATON ROUGE – Today, Blue Cross and Blue Shield of Louisiana announced it will provide rebates to approximately 16,000 individual members and employers of almost 14,000 members who have coverage through 389 employer groups across the state. Members who were covered in 2021 under a Blue Cross individual or HMO Louisiana, Inc. large group plan may be eligible for a rebate.
Success from Blue Cross and Blue Shield of Louisiana’s efforts to hold the line on health care costs has enabled the insurer to share savings in the form of rebate checks to eligible members. Checks will be issued in September.
“At Blue Cross, we are focused on improving the quality of care and lowering health care costs for our fellow Louisianians, and there are several ways we do that,” said Dr. I. Steven Udvarhelyi, president and CEO of Blue Cross and Blue Shield of Louisiana. “One example is a program we launched several years ago called Quality Blue. This program rewards health care providers for getting better results for their patients. Each year, we see improved health and greater savings from these programs.”
According to Udvarhelyi, the savings from Quality Blue, combined with a concerted effort to hold down the cost of medicines and services, have resulted in the insurer’s ability to issue rebates to these qualifying members and group customers. Rebates are part of the federal Patient Protection and Affordable Care Act, which sets a minimum percent of the premiums an insurer collects every year on medical care and quality improvement programs for members.
“We work hard to give our members the most value their plans have to offer, and we’re happy our efforts have paid off,” Udvarhelyi said.
Eligible individual members and group employers will receive a letter explaining the rebate, and should then receive their checks in the next few weeks. Members with questions can call the Customer Service number on their ID card.
About Blue Cross and Blue Shield of Louisiana
Blue Cross and Blue Shield of Louisiana is committed to our mission to improve the health and lives of Louisianians. Founded in New Orleans in 1934, we are a tax-paying nonprofit health insurer with offices in every major region to serve our customers. We have been recognized for the past four years as an honoree of The Civic 50, named by Points of Light as one of the 50 most community-minded companies in the United States.
Blue Cross and Blue Shield of Louisiana is an independent licensee of the Blue Cross and Blue Shield Association. We are a private mutual company, owned by our policyholders, with an independent Louisiana Board of Directors and no shareholders. We invite all Louisianians to visit our website at www.bcbsla.com or talk to us on social media @BCBSLA.