Blue Cross Blue Shield Louisiana pauses business deal ...Middle East

BATON ROUGE, La. (WAFB) – According to members of Blue Cross Blue Shield Louisiana and Elevance Health, the deal for the two companies to merge together has temporarily been shelved. The state Department of Insurance was set and ready Wednesday morning for the beginning of what would have been a two-day public hearing over the business deal between the two companies, the non-profit Blue Cross selling to a for-profit company, Elevance. But in the late hours of Tuesday evening, Blue Cross pulled away from the proposed deal for the second time. Insurance commissioner Tim Temple wrote, “Late yesterday evening, Blue Cross notified the LDI that it has chosen to withdraw its plan of reorganizatio

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Last updated : 15 February 2024 clock 02:56 AM

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Blue Cross Blue Shield Louisiana pauses business deal ...Middle East

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