Elevance Health’s deal to buy Blue Cross and Blue Shield of Louisiana is back on, Nola.com reported Dec. 14. The two insurers submitted a new proposal that gives the state more oversight of the Accelerate Louisiana Initiative, the health equity nonprofit that will be established by the sale. State officials and local provider groups were previously unhappy with the deal’s incorporation structure. The Louisiana Blues insurer is currently the second-largest in its home state, behind UnitedHealthcare, with 1,056,454 members.
Source: AIS’s Directory of Health Plans