TIMELINE OF BLUE CROSS BLUE SHIELD OF LOUISIANA PROPOSED ACQUISITION Over the 18-month process, LSMS shared concerns with state regulators regarding the transition of Blue Cross Blue Shield of Louisiana from a non-profit, Louisiana based company to a for-profit, national corporation. After reviewing the “plan of reorganization’, LSMS leadership, along with physician members focused on patient care, had multiple issues related to increased premiums, reduced benefits, and limited access to treatment options. Our efforts, along with other stakeholders, led to the official withdrawal of the sale on February 14, 2024. We will continue to monitor the potential sale and the effects on Louisiana patients and physicians.
Joint Meeting of Senate Health and Welfare and Insurance Committees
BCBSLA Cancellation Hearing
Attorney General Liz Murrill’s Letter to Commissioner Tim Temple
LSMS Open Letter to Louisiana Patients
Second Filing of Plan of Reorganization
Original Filing of Plan or Reorganization
LSMS Letter to Insurance Commissioner Jim Donelon
FEB 5 2024
DEC 14 2023
FEB 13 2024
State Senate Oversight
Hearing Findings
JAN 23 2023
SEP 21 2023
JAN 25 2024
FEB 1 2023
FEB 14 2024
FEB 12 2024
FEB 8 2024
AUG 16 2023
FEB 14 2024
SEP 18 2023
JAN 30 2023
FEB 8 2024
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Joint Meeting of Senate and House Committees on Insurance
Withdrawal of Filing
Withdrawal of Second Filing of Plan of Reorganization
State Senators Statement
LSMS Letter to Insurance Commissioner Tim Temple
Governor Jeff Landry Letter to LSMS
State Treasurer John Fleming, MD Statement
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LSMS: YEAR IN REVIEW | 2024
LSMS: YEAR IN REVIEW | 2024
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