BlueCross To Launch Private Exchange For Employer Groups In 2015

Friday, August 8, 2014

BlueCross BlueShield of Tennessee will launch BlueMarket, a private exchange for employer groups and their employees, on Jan. 1, 2015.

Officials said the Blue-branded marketplace is a new way for employers to offer health care coverage to their employees, allowing them to shop from a broader selection of coverage options and find a plan that fits their unique health care needs.

"BlueMarket will be available to both fully-insured and self-funded groups of at least 151 employees. It can be structured as a traditional defined-benefit plan or as a defined-contribution plan, meaning an employer can provide a specific amount of money to their employees who can then shop for their own coverage. It also features a simpler enrollment process," officials said.

The BlueMarket launch comes on the heels of BlueCross’ strong performance on the Health Insurance Marketplace, which saw the company capture 88 percent of those who enrolled in Tennessee, it was stated.

“BlueCross is committed to offering affordable health care coverage to all Tennesseans. We’ve seen very strong interest from employers in a defined benefit model and exchange platforms that offer more choice,” said Henry Smith, senior vice president of operations and chief marketing officer for BlueCross. “We recognize that employer-sponsored plans will continue to be the way most people get their coverage and we want to lead the private exchange marketplace for Tennessee.”

BlueMarket will offer seven medical plan options, which is more than are currently available to most group customers. The expanded choice, along with online decision support and education materials, will ensure BlueCross members are getting the plan that best fits their needs.

Officials said BlueMarket offers:

  • An easy online shopping experience for employee benefits
  • Expanded plan choices
  • Increased transparency, showing employees how much employers contribute to benefits
  • Valuable employee decision support tools

  • Defined contribution funding and simplified administration with no additional cost

Free Metabolic Seminars Hosted By CHI Memorial Metabolic And Bariatric Care

Jack F. Rutledge, M.D. and CHI Memorial Metabolic and Bariatric Care will host two free seminars in December on surgical weight loss options. The first seminar will be held at CHI Memorial Hospital in the community room Tuesday, Dec. 1 at 6 p.m. The second seminar will be at the North River Civic Center in Hixson on Tuesday, Dec. 15 at 6 p.m. "Obesity can be devastating to ... (click for more)

Almost 1,000 Erlanger Employees Have Signed Up To Contribute Toward New Children's Hospital

Almost 1,000 Erlanger Health System employees thus far have pledged to contribute financially toward the first phase of the new Children's Hospital - an outpatient center. Kevin Spiegel, Erlanger CEO, said, "This is an unbelievable outpouring of support from our employees." He said he hopes that eventually all the hospital's 4,000 employees will take part. Julie Taylor ... (click for more)

Man Shot And Killed In Alton Park On Tuesday Night

A man was shot and killed in Alton Park on Tuesday night. The incident happened in the 3800 block of Highland Avenue. Chattanooga Police initially said they had no suspects. Police chaplains were on the scene to try to comfort the grieving family. The incident happened around 6 p.m.  (click for more)

Judge Denies Motion By Walker County To Delay Closing Of Hutcheson Hospital

A bankruptcy judge in Atlanta on Tuesday denied a motion by Walker County, Ga., is asking a delay in closing Hutcheson Medical Center and laying off employees. Judge Paul Bonapfel said he appreciated the position of Walker County, but he said he would not interfere with the business decision made by the trustees appointed to operate the Fort Oglethorpe hospital. He also said ... (click for more)

A Thankful List

David Jeremiah said it best, that we have a tendency to concentrate on the things we don’t have rather than what God has already blessed us with.  Perhaps, he said, it is because there is not enough parchment available in this world to record all God’s bountiful blessings should we try to list them. This Thanksgiving let us gather our family close to us, whisper a prayer ... (click for more)

Roy Exum: Don’t Mess With ‘Skunk’

One year ago today riots broke out anew in Ferguson, Mo., after a grand jury refused to indict Darren Wilson, a white 28-year-old police officer who shot and killed a black 18-year-old, Michael Brown. The altercation took place on Aug. 9, and video cameras later showed the black teenager robbing a store and assaulting the shopkeeper. After the unarmed Brown was shot, for ... (click for more)