This is the press release sent out. Use the link at the bottom to read the entire article. What is not addressed are those who would like to enjoy this type of coverage but can’t afford it as exists with today’s business models and the number is growing daily. Every other business today has to change their business models and they way they conduct business but this industry is pretty much status quo with established practices that have not changed much, so like anything else competition can be healthy and perhaps stand to bring additional transparency into the way business is conducted. Perhaps if more funds were directed towards health care and less for administrative areas and venture capital investments, maybe there would be funds available for claim and service, the root of what we pay for. BD
WASHINGTON – Scott P. Serota, president and chief executive officer of the Blue Cross and Blue Shield Association (BCBSA), released the following statement regarding the discussion draft for healthcare reform unveiled today by the chairmen of the House Ways and Means, Energy and Commerce, and Education and Labor Committees:
"It is important that comprehensive healthcare reform legislation that reins in costs, improves quality, and assures that everyone is covered be enacted this year. On behalf of our more than 100 million members, we are acutely aware of the unsustainable nature of the current system, and we applaud the Congress and the Obama administration for making healthcare reform their top domestic priority.
"That is why we are disappointed that the discussion draft unveiled today would undermine the very policy objectives we collectively hope to achieve.