Mark Farrah Associates Analyzed Administrative Fees from Self-insured Businesses for Blue Cross Blue Shield Plans – InsuranceNewsNet

2022-08-08 05:23:58 By : Ms. Bella Xiao

MCMURRAY, Penn.--(BUSINESS WIRE)-- In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA), www.markfarrah.com assessed administrative fees revenues from self-insured accounts for Blue Cross and Blue Shield (BCBS) plans and their affiliates. Based on statutory filings from the National Association of Insurance Commissioners (NAIC), BCBS entities reported receiving $18.7 billion in reimbursements in 2021 from uninsured, also referred to as Administrative Services Only (ASO), plans, an 18% hike from the $15.8 billion reported in 2017. MFA’s Blues analysis found:

To read the full FREE text of “Blue Cross Blue Shield (BCBS) Uninsured (ASO) Fees Analysis", visit the Analysis Briefs library on Mark Farrah Associates' website www.markfarrah.com. You can also follow us on LinkedIn.

About Mark Farrah Associates (MFA)

MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health Plus. Follow us on LinkedIn!

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Mark Farrah Associates Ann Marie Wolfe, [email protected]

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