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Blue Cross divisional senior vice president Krishna G. Ramachandran said the for-profit, multi-specialty clinic, in its "first very specific counter-offer," is demanding a 75% increase in reimbursement rates "even though their rates are already the highest in the Springfield market and tower 60% more than those in the Chicago market." The aggressive stance by...
Here's what you might have missed this week in Illinois news.
Insurer accuses Springfield Clinic of demanding unreasonable rates
Lawmakers in Springfield are looking at ways to change insurance company regulations in the wake of a controversy involving Blue Cross Blue Shield.
The state has officially stepped in to a situation involving the insurance company Blue Cross Blue Shield of Illinois and Springfield Clinic. Blue Cross Blue Shield filed notifications of these changes in March, leading the state agency to fine Health Care Service Corporation, the parent company of Blue Cross Blue Shield $1,000 per day.