Post by Logan on Apr 22, 2016 3:13:25 GMT -6
In another sign of the changes taking place in the health care market, Aurora Health Care is partnering with Anthem Blue Cross and Blue Shield in Wisconsin to start an insurance company.
The new company basically is a bet by Aurora that it can provide care at a lower cost than its competitors when people get most of their care from Aurora's own network of physicians and hospitals.
The result could be lower insurance premiums if Aurora is right. It also could increase competition among health systems as well as insurers.
The new company, Wisconsin Collaborative Insurance Co., builds on an existing partnership begun in 2012 in which Anthem offered health plans tied to Aurora's network.
Read more: www.jsonline.com/business/aurora-and-anthem-join-to-start-a-new-insurance-company-b99709919z1-376295801.html
The new company basically is a bet by Aurora that it can provide care at a lower cost than its competitors when people get most of their care from Aurora's own network of physicians and hospitals.
The result could be lower insurance premiums if Aurora is right. It also could increase competition among health systems as well as insurers.
The new company, Wisconsin Collaborative Insurance Co., builds on an existing partnership begun in 2012 in which Anthem offered health plans tied to Aurora's network.
Read more: www.jsonline.com/business/aurora-and-anthem-join-to-start-a-new-insurance-company-b99709919z1-376295801.html