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Blue Cross Blue Shield Louisiana to be bought by out of state insurance company

Summary by Ground News
Blue Cross Blue Shield, a non-profit tax-payer health insurer is being sold for $2.5 billion to Elevance Health, an out-of-state for-profit insurance company. Louisiana Department of Insurance will hold a public hearing to allow those people the opportunity to be heard regarding their approval or opposition of the merger.

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Blue Cross Blue Shield Louisiana to be bought by out of state insurance company

Millions of Blue Cross Blue Shield policy holders could be facing higher premiums if a proposed sale of the nonprofit insurer is approved to be bought by an out of state insurance company.

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KLFY broke the news in on Tuesday, September 19, 2023.
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Lafayette, Louisiana

Lafayette, Louisiana

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