Mark Farrah Associates Analyzed Administrative Fees from Self-insured Businesses for Blue Cross Blue Shield Plans

Mark Farrah Associates August 3, 2022

MCMURRAY, Penn.–(BUSINESS WIRE)–Within the newest Healthcare Enterprise Technique report, Mark Farrah Associates (MFA),  assessed administrative charges revenues from self-insured accounts for Blue Cross and Blue Defend (BCBS) plans and their associates. Primarily based on statutory filings from the Nationwide Affiliation of Insurance coverage Commissioners (NAIC), BCBS entities reported receiving $18.7 billion in reimbursements in 2021 from uninsured, additionally known as Administrative Companies Solely (ASO), plans, an 18% hike from the $15.8 billion reported in 2017. MFA’s Blues evaluation discovered:

“Blue Cross Blue Defend (BCBS) Uninsured (ASO) Charges Evaluation”

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  • Blues organizations obtained charges from uninsured plans that present protection for 61.6 million individuals in 2021.
  • An estimated 123.3 million individuals obtained well being protection from an employer…

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