Preview

Steep Analysis of Bcbs Mn

Good Essays
Open Document
Open Document
2174 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Steep Analysis of Bcbs Mn
Introduction
The company I work for is Blue Cross Blue Shield of Minnesota (BCBS). BCBS of MN is a private non-profit corporation that provides health insurance services in Minnesota under a license with the Blue Cross and Blue Shield Association. BCBS also offers dental, vision, Medicare supplement coverage, as well as workers' compensation insurance, health assessment, and health care management services. The organization is headquartered in Eagan, Minnesota and employs approximately 3,700 people throughout Minnesota, with offices in Eagan, Virginia, Aurora, Duluth, Moorhead, St. Cloud, Mankato and Rochester.
Nationally BCBS Association is national federation of 38 independent, community-based and locally operated Blue Cross and Blue Shield companies. BCBS companies provide healthcare coverage for nearly 100 million people. Nationwide, more than 96% of the hospitals and 91% of professional providers contract directly with BCBS companies.
My job is to direct the Exchange Program Office. The Exchange Program deals with all the mandated changes driven by the Affordable Care Act or Obamacare. The IT part of the exchange is how BCBS will connect with the State insurance exchange. I will conduct a STEEP analysis on BCBS and the Exchange Program Office.
Background
BCBS of MN was the first “Blue” health plan in the nation. Originally the BCBS story began in 1933, when seven St. Paul hospitals teamed up to form the “Minnesota Hospital Association,” the nation’s first prepaid health care network. An early advertisement depicts a nurse with a blue cross on her sleeve. An iconic logo is born, and BCBS became the first-ever health plan to use the “Blue Cross” name.
Less than a decade after BCBS became the first Blue plan, the name and symbol are adopted by the national Blue Cross Association. “Blue Cross” goes on to become one of most recognized and trusted health care brands in the world. BCBS of Minnesota is the largest health plan in Minnesota, with

You May Also Find These Documents Helpful

  • Good Essays

    The Blue Cross Blue Shield Association (BCBSA) is a federation of 37 separate health insurance…

    • 767 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Managed care organizations can save money by providing lower prices through contracting large volumes of services and reducing the amount of hospitalizations (Getzen & Allen, 2011). This essay presents a scenario in which I am a representative of Castor Collins Health Plans responsible for maximizing profits and minimizing risks. Within my job description, I am advised to develop a comprehensive health insurance plan for two entities: ConstructIt and E – Editors. This essay explains the company’s employee demographics, health risk factors, premium amount the company is willing to pay, and what company I chose to offer a health insurance plan. Based upon my analysis of potential utilization, I will provide two reasons…

    • 1187 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Bayes (2008) stated that “HMOs are all licensed by the state”. Plan is strict on guidelines, has few choices of providers. The participating providers are salaried based. Coverage for consumers are given an “assigned Primary Care Physician (PCP)”, must use network providers to be covered, unless emergencies. Blue Cross Blue Shield of Michigan, (2011) states their “plan includes monthly rates, copayments, deductible, annual maximums, prescriptions, dental, and must be in network PCP” (Para. 4). Bayes (2008) stated that HMO programs included in plan are “complete preventative or screening, wellness and health promotion, disease management, and chronic care” (p. 293).…

    • 854 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    rates dropped precipitously. As the situation grew worse, hospitals began experimenting with insurance plans. The Baylor University Hospital…

    • 603 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Centers for Medicare and Medicaid Services (CMS), formally known as Health Care Financing Administration (HCFA), was signed into law on July 30th 1965 by President Johnson. At the beginning of this Medicare program it had only included hospital insurance and medical insurance. Medicaid on the other hand had medical insurance for people that needed assistance with financial issues. Since then both Medicare and Medicaid have expanding greatly to include prescription drugs, people who need long-term care of all ages and also expecting mothers. CMS is also the federal body responsible for administering Medicare and Medicaid programs. CMS runs the State Children’s Health Insurance Program (SCHIP), which is jointly financed by the Federal and State…

    • 120 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    You are employed by the local government and you have been assigned to work with a team in educating the health care consumers of your community about Medicare or Medicaid. You and your team have been tasked with creating a multimedia tool that will be made available at any My Section…

    • 448 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Your Inner Fish

    • 1065 Words
    • 5 Pages

    The book Your Inner Fish by Neil Shubin is an interesting novel that shows the evolution of some of our major structures through time. We all know about evolution and the monkeys but we never really looked in on evolution through “our inner fish”. The book was appealing because it helps to understand how we have come to be with some of the parts of our bodies we take for granted, like how we got our developed smell or our advanced color vision. Your Inner Fish is a good way to jump into the evolution of our ancestors and become more knowledgeable about where we came from.…

    • 1065 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Sample Ksa

    • 337 Words
    • 2 Pages

    In my former position as Executive Assistant to the Office of the Director (OD), I served as the liaison between the support staff of the OD, the NIH executive support staff, and companies in the private sector. I was responsible for keeping all parties informed about assignments and tasks due to the OD. My ability to communicate this information clearly and succinctly was very important in ensuring that the assigned tasks were fully understood and completed in a timely manner.…

    • 337 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Evolution of Managed Care

    • 1519 Words
    • 7 Pages

    The start of managed care is found in the early nineteenth century, a physician the name Dr. Michael Shadid and a group organization that was dedicated to water and power. They were from Los Angeles and the water and power group provided service to a few thousand people. In 1929 in Oklahoma, Dr. Shadid started a health care plan for the rural farmers. He had to deal with resistance from the physicians that were already working there. Dr. Shadid was determined to provide health care to several hundred families under a predetermined fee with the help from the Oklahoma Farmer’ Union (Tufts Managed Care Institute, 1998).…

    • 1519 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Audience Analysis Memo

    • 243 Words
    • 1 Page

    I specialize in assistant employee plans that will provide the benefits and care for employees. My assistance program aids the employees to have good performances in jobs and also increase quality of service for lower the cost.…

    • 243 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Managed Care Analysis

    • 851 Words
    • 4 Pages

    (n.d.). Retrieved January 13, 2017). As a consumer, the thought to examine these areas has rarely come to mind. Examining my policies with the Veterans Administration and Blue Cross Blue Shield of Georgia one would naturally assume that these areas are meeting my health care needs. As a consumer, often health care has not been an issue yet there have been questions raised of why am I paying out of pocket for certain services. The Managed Care Answer Guide has enlightened and given more concern for the issues most Americans face when looking for adequate health…

    • 851 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The manage care we know today began to form in the 19th century when a series of alternative healthcare arrangements appeared across the country. These programs forms with the purpose of providing healthcare service in return for a premium payment of $0.50 and it was available to lumber mill owners and their employees. Later in 1929 another program was found by Dr. Michael Shadid, who started a rural farmer ‘cooperative health plan in Elk City, Oklahoma where selected farmers invested $50 on shares to race money to build a new hospital while receiving discounts on medical care. The medical community opposed to these new and about 1932, the American Medical Association started to do whatever it could to suppress the growth of prepaid plans and cooperatives. Nevertheless in the middle of the Great Depression health plans such as Blue Cross and Blue Shield as well as HMOs, began to function.…

    • 465 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Health care economics have drastically changed over the course of history in the United States. While some can contribute these changes due to the evolutionary changes the US has undergone since her inception, the major contributing factors that influence the changes in health care economics are advances in technology and medical care. By understanding the history of health care economics, and identify the flow of funds system, financial managers are able to be more adequately prepared for the future. It is essential to remember that the driving force behind health care economics is money, and it plays an integral part to the success of the health care industry.…

    • 929 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Rising Health Care Costs

    • 814 Words
    • 4 Pages

    One of the biggest problems small employers face today is the steadily rising costs of health coverage for its employees. This paper covers how health care premiums have risen in double digits for the past five consecutive years, how many small businesses are forced to drop health care coverage for their employees because of the out of control costs, and what small businesses are doing to control the costs and still offer health care coverage to their employees.…

    • 814 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Over the years, there have been many changes ranging from the Health Maintenance Organization (HMO) boom in the 80’s and 90’s to the more current trend of companies moving toward Consumer Driven Health Plans (CDHP). In 2008, health care spending accounted for 16.2% of the nation’s Gross Domestic Product, highest of all industrialized countries (Kaiser Foundation, 2010). The grow rate for health insurance over the past decade has been around 4.4%, which is higher than the growth rate for national income.…

    • 1157 Words
    • 5 Pages
    Better Essays