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

Shaw Receives St. Jude 2017 Proprietary Campaign Of The Year Award

Shaw Industries Group, Inc. has been selected as the recipient of the St. Jude Children’s Research Hospital 2017 Proprietary Campaign of the Year award. This award issued by St. Jude recognizes a corporate partner who has implemented a successful proprietary campaign in addition to their primary means of support for the hospital. Shaw’s collective efforts around its cushion and ... (click for more)

Erlanger North Hospital Offers Living Well Workshop To Promote Management Of Chronic Conditions

Erlanger North Hospital, in partnership with the Hamilton County Health Department, is now offering a Living Well workshop to help individuals manage chronic conditions and improve overall health.   "Chronic diseases are any disease or condition that persists over a long period of time. These diseases can lead to pain, discomfort, daily challenges, and financial hardship," ... (click for more)

Judge Walter Williams May Go Back On The Bench As Administrative Hearing Officer

One of the city's most colorful judges may go back on the bench. The City Council on Tuesday is set to vote on the nomination of former City Court Judge Walter Williams as administrative hearing officer - a new city position. The law license of the former judge was transferred to disability inactive status in August of 2015 after he suffered a stroke early in the year.  ... (click for more)

Body Believed To Be That Of McCallie Student Jackson Standefer Recovered In Colorado River

A body believed to be that of a McCallie School student who was swept away in a creek in the Grand Canyon was recovered on Friday. The Grand Canyon Regional Communications Center said it was notified by a commercial river trip that they located a body on the Colorado River at River Mile 152. Park rangers responded and recovered the body, which was transported to the rim ... (click for more)

White Coat Syndrome And The Medical System - And Response (2)

Today I wish to share what I am feeling as a patient in our medical system. I am too old to put on airs at this point, and this is too pervasive of a problem for me to contain.   As I enter my AARP years, I am faced with so many medical encounters that evoke all kinds of uncomfortable feelings. I dread physician’s appointments riddled with government regulatory hypocrisy, ... (click for more)

Roy Exum: The Readers Are Right

It is hardly a secret that since I have become intensely interested in public education in Chattanooga, I have tried to read, research and understand how our efforts have fallen horribly short in the last 15 years. We agree we have a crisis on many fronts and I hope it is equally obvious I am desperate for solutions. Much like school board member Karista Jones, I worry that we are ... (click for more)