Monday, April 08, 2013
Talks Are Continuing For MSHA And Insurance Co.
Executives with Mountain States Health Alliance and Blue Cross/Blue Shield of Tennessee have approximately 7 weeks time remaining to negotiate a new contract for medical service reimbursement. M-S-H-A Vice President of Communications, Tony Benton says both sides have been negotiating in good faith. According to Benton, federal medical cutbacks makes it even more difficult for any compensation reductions to commercial insurance companies. Benton says the insurance company is asking for double digit per cent cuts in cost and M-S-H-A says they see any saving being passed on to consumers. They say it will only increase the bottom line of Blue Cross/Blue shield.Deadline for working out a price deal for services is June 1st.(CS)