Boston-based health system Tufts Medicine has joined Blue Cross Blue Shield of Massachusetts’ pay-for-equity financial payment model that launched earlier this year, according to a May 23 press release. The arrangement, the first of its kind in Massachusetts, seeks to address health inequities and decrease racial gaps in health care. The Blues insurer said with the addition of Tufts, 53% of its members are now receiving care from providers within the initiative. Blue Cross Blue Shield of Massachusetts is the largest insurer in its home state, serving 2,229,079 members. About 38% of its members are enrolled in commercial risk-based products, with an additional 58% served via self-funded arrangements with employer groups.
Source: AIS’s Directory of Health Plans