Small Nonprofit Health Insurers May Merge or Become Businesses
August 25, 2008
Small health-care organizations, such as nonprofit Blue Cross Blue Shield organizations, are facing increased pressure to merge or convert to for-profit status as they try to compete with larger organizations and prepare for changes in policy, reports The Wall Street Journal.
Robert Field, health-policy professor at the University of the Sciences in Philadelphia, says that while many independent Blue Cross organizations had merged into larger organizations this decade and last, “pressure continues on those that didn’t merge.”
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