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NEWS
October 1, 2013
It seems many of us are prone to "anemia," but I would not include the Baltimore Orioles or CareFirst in that category. So many organizations that can afford to be charitable are not, so I give kudos to CareFirst for their contributions to the community. If they help to sponsor our O's games, then I'm OK with them sharing that they back our team and Baltimore in a good, non-anemic way. Some of us are loyal Orioles fans and really don't bother with winning or losing, but how they play the game.
ARTICLES BY DATE
HEALTH
By Jamie Smith Hopkins, The Baltimore Sun | June 6, 2014
Major health insurer CareFirst BlueCross BlueShield has asked the state to let it increase its rates in the individual marketplace by as much as 30 percent on average next year, but two competitors want to lower what they charge people who don't get coverage through an employer. The requests were released Friday by the Maryland Insurance Administration, whose officials emphasized that they could require modifications. The agency cut significantly the rate increase CareFirst had requested for this year.
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BUSINESS
By Peter H. Frank | March 18, 1991
It came with shocking swiftness. On a Thursday night, Feb. 21, regulators took over CareFirst.It didn't seem quite possible. CareFirst was the only major health maintenance organization in Baltimore consistently reporting earnings each year. The HMO's financial statements showed a strong net worth. And revenues had been growing, year in, year out.Suddenly, though, the state's Insurance Division said CareFirst was more than $7 million in the hole. David D. Wolf, the company's chief executive for six years, had been fired.
HEALTH
By Andrea K. Walker, The Baltimore Sun | April 29, 2014
CareFirst BlueCross BlueShield is giving Planned Parenthood of Maryland a $200,000 grant to invest in technology at its eight clinics. Planned Parenthood will use the money to invest in a two-year project to build a new electronic management system. The money will be awarded Wednesday at the group's 9th Annual Spring Gala at the Four Seasons Hotel in Baltimore. andrea.walker@baltsun.com Twitter.com/ankwalker
BUSINESS
By Stacey Hirsh and Stacey Hirsh,Sun reporter | September 23, 2006
CareFirst BlueCross BlueShield has ended a six-year affiliation with its Delaware subsidiary, the company announced yesterday. The separation comes about a month after Delaware's insurance commissioner rejected the latest plan to modify the affiliation. CareFirst said yesterday that both it and its subsidiary, Blue Cross Blue Shield of Delaware, wanted to continue their relationship, but that it would be too expensive and disruptive to continue appealing the matter. Based in Owings Mills, CareFirst has about 300,000 members in Delaware and nearly 3 million in Maryland, Washington and Northern Virginia.
BUSINESS
By Raymond L. Sanchez and Raymond L. Sanchez,Evening Sun Staff | March 8, 1991
Johns Hopkins University has filed a lawsuit charging CareFirst and the Health Corporation of America, with failing to pay nearly $500,000 in doctors' fees.The suit was filed Monday in Baltimore Circuit Court. It came 10 days after the Insurance Division of the state Department of Licensing and Regulation froze the assets of Carefirst to protect the 118,000 members of the financially troubled health-maintenance organization.The assets of CareFirst were frozen after regulators discovered that they had fallen below state net-worth requirements.
BUSINESS
By M. William Salganik and M. William Salganik,Sun reporter | September 20, 2006
CareFirst BlueCross BlueShield will be sending refund checks to policyholders whose premiums were raised at the beginning of the month when they reached certain ages rather than on their birthday. P. Todd Cioni, Maryland associate insurance commissioner for compliance and enforcement, said yesterday that CareFirst had yet to calculate how many people were involved or how large the refunds would be or how far back they would extend. The insurer agreed to the refunds after a consumer complained about the practice.
BUSINESS
March 13, 1991
The Federal Trade Commission today gave a green light regarding antitrust concerns to the bid by Blue Cross and Blue Shield of Maryland to buy CareFirst Inc.CareFirst, a health maintenance organization that has 118,000 members, was taken over by the state Insurance Division on Feb. 21 after the agency found the HMO had a negative net worth of $8.9 million. Blue Cross made its bid a week later.A hearing is set tomorrow in Baltimore Circuit Court to review the takeover and the proposed merger.
NEWS
By Robert R. Neall | November 27, 2002
THE CONTROVERSY over CareFirst BlueCross BlueShield's planned sale to WellPoint Health Networks and conversion from nonprofit status has obscured a pivotal long-term issue: If the company's proposal is rejected by the state insurance commissioner, what next? The issue recently was highlighted by a consultant's conclusion that multimillion-dollar bonuses and severance payments for CareFirst executives are illegal. We have a historic opportunity to re-invent CareFirst along the lines originally intended when the 1937 General Assembly issued a charter to CareFirst's predecessor company, Blue Cross of Maryland.
BUSINESS
By JAY HANCOCK | November 24, 2002
WHO DECIDED it was a terrific idea to give merger-linked pay worth tens of millions of dollars to a few managers at the nonprofit CareFirst BlueCross BlueShield? Not me, said the CEO. "I don't remember making this specific proposal," CareFirst chief executive William L. Jews said under oath. Not me, said the chairman. "The board ... relied on the assistance of a number of outside expert consultants," according to board head Daniel J. Altobello. Not me, said the lawyer. "I didn't see it as my place to decide what the amount was, but rather that the process [CareFirst's board]
NEWS
March 12, 2014
I am writing to point out the inefficiencies in the Maryland Health Exchange's process for handling health insurance applications through the Affordable Care Act. My husband and I started applying for health insurance in October 2013. It is now March 2014, and we still do not have health insurance. We have been in repeated contact with the health exchange, the governor's health reform office, and with Del. Shane Pendergrass' office to try and resolve this. Carefirst received an application for my husband, but it had an error so they could not accept it. They never did get one for me. They then proceeded to tell me they could not investigate this further.
HEALTH
By Meredith Cohn and Erin Cox, The Baltimore Sun | November 20, 2013
CareFirst BlueCross BlueShield said Wednesday that it would offer more than 55,500 customers the chance to extend their healthcare plans for another year, even though the policies don't comply with the federal Affordable Care Act. Maryland's insurance commissioner had told insurers a day earlier that such a move would be legal, and last week a beleaguered President Barack Obama asked states and insurers to consider the extensions. The president had promised Americans that if they liked their plans, they could keep them.
NEWS
October 1, 2013
It seems many of us are prone to "anemia," but I would not include the Baltimore Orioles or CareFirst in that category. So many organizations that can afford to be charitable are not, so I give kudos to CareFirst for their contributions to the community. If they help to sponsor our O's games, then I'm OK with them sharing that they back our team and Baltimore in a good, non-anemic way. Some of us are loyal Orioles fans and really don't bother with winning or losing, but how they play the game.
HEALTH
By Andrea K. Walker | June 7, 2013
CareFirst BlueCross BlueShield is investing another $1 million in a program it launched six years ago to help train the next generation of nurse educators. The program gives nurses a stipend of up to $80,000 to pursue a master's or doctorate degree. In exchange, the nurses must agree to teach nursing classes for at least three years. The program is aimed at increasing the area's nursing ranks. One dilemma in addressing the problem has been the limited number of qualified faculty at nursing schools.
EXPLORE
Aegis report | May 6, 2013
Harford Community College has received a $25,000 grant from CareFirst BlueCross BlueShield to support development of an electronic health records system that will bolster training of the institution's nearly 2,200 Nursing and Allied Health students. The grant for Harford's Emerging Technologies Project -- Electronic Health Records will enable HCC to acquire the high-tech equipment necessary to launch the project across the Allied Health and Nursing curricula and provide state-of-the-art education in a crucial workforce skill for the health care industry.
NEWS
April 25, 2013
The Obamacare critics were no doubt gleeful this week when CareFirst BlueCross BlueShield proposed average rate increases of 25 percent for its individual HMO customers next year, when it will be required to follow the requirements of the Patient Protection and Affordable Care Act. But before we give in to conservatives' "I-told-you-so" moment, it's worth unpacking the details of what's going on in Maryland's newly created insurance exchange. Like the sticker price on a car, CareFirst's proposal is likely not going to be the final word on what Marylanders pay for health insurance.
BUSINESS
By DAN THAN DANG | August 21, 2007
A computer glitch at the state's largest health insurer recently blew Sharon Nobles' life into disarray, leaving her family with overdue medical bills and, at times, vital prescriptions denied at the pharmacy. And she might not be the only one affected. CareFirst BlueCross BlueShield officials confirm that even as information technology specialists are working to resolve internal system problems, thousands of its members who participate in consumer-directed health plans (CDHP) could be affected, too. "I've spent months trying to fix this problem, but I've gotten nowhere," said Nobles, the mother of twin 11-year-old boys who were diagnosed three years ago with Asperger's syndrome, a neurobiological disorder that can produce autistic-like behavior.
BUSINESS
By Jay Hancock | March 10, 2002
CAPITALISM is a great system, but sometimes its worst enemies are the capitalists. We can probably blame at least half of all commercial regulation on a few executives or firms whose misbehavior brought the arm of government down on everybody. Two kids shoot rubber bands and the whole class misses recess. CareFirst BlueCross Blue- Shield boss William L. Jews and his lieutenants are trying to sell the health insurer to WellPoint Health Networks Inc. of California. The deal makes sense.
HEALTH
By Andrea K. Walker, The Baltimore Sun | April 24, 2013
Blaming the cost to implement health care reform, the state's largest health insurer has proposed eye-popping rate increases to state regulators for individuals and small businesses. CareFirst BlueCross BlueShield wants to raise rates an average of 25 percent on those who buy coverage individually. Chet Burrell, the insurer's CEO, said the increase was needed to cover the cost of more sick people who will be joining the insurance rolls under health care reform. People with pre-existing conditions were denied coverage prior to health care reform, keeping insurance costs down.
HEALTH
By Andrea K. Walker, The Baltimore Sun | July 9, 2012
The Supreme Court's recent ruling on federal health care reform may have settled legal concerns, but the heads of Maryland's top insurer and two largest medical institutions said there are still unanswered questions and worries about the law. "There are many unknowns, given the complexities of the act," said Chester "Chet" Burrell, president and CEO of CareFirst BlueCross BlueShield. "There could be surprises and unintended effects because of the complexity. All of the regulations are still not out yet and so it's hard to know how it will work out in the final analysis.
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