BCBS 2017 Massachusetts Health Insurance Update

In Massachusetts, Blue Cross Blue Shield (BCBS) made significant changes to their health insurance plans in 2017. BCBS was required to offer more affordable plans to Massachusetts residents.

One notable change was the introduction of a new tiered network system, which allowed BCBS to negotiate lower rates with providers. This change was made in response to the state's requirement that health insurers offer more affordable plans.

As a result, BCBS was able to offer lower premiums to many Massachusetts residents. In fact, the average premium decrease for BCBS plans was around 10% in 2017.

In 2017, Blue Cross and Blue Shield of Massachusetts, Inc. was a key player in the healthcare industry.

The company's financial statements for 2017 were audited by an independent registered public accounting firm, ensuring the accuracy and transparency of their financial data.

Their audited statutory-basis financial statements for the year ended December 31, 2017, provided a comprehensive look at the company's financial performance.

HMO Blue is a part of BCBS of Massachusetts, as seen in the 2017 audited financial reports. They include audited statutory-basis financial statements for Blue Cross and Blue Shield of Massachusetts, Inc.

The reports cover the years ended December 31, 2017 and 2016. Downloading the report is possible.

The reports feature a report of independent registered public accounting firm. This firm provides an independent review of the financial statements.

The financial reports are available for download.

Blue Shield is a network of healthcare providers that Blue Cross Blue Shield of Massachusetts (BCBSMA) has partnered with to offer its members more choices and better care.

BCBSMA has partnered with Blue Shield to provide its members with access to a wider range of healthcare providers, including primary care physicians, specialists, and hospitals.

This partnership allows BCBSMA members to see Blue Shield providers without a referral, making it easier to get the care they need.

BCBSMA members can also use the Blue Shield network to find doctors, hospitals, and other healthcare providers in their area.

You can view or download the 2017 Blue Cross Blue Shield of Massachusetts Annual Report in a PDF format. It's available for your convenience.

The report is a comprehensive document that provides an overview of the company's performance and activities for the year.

You can download the report directly from the company's website, making it easy to access and review.