LVBCH Board Endorses Capital Blue Cross as Exclusive Preferred Partner for Medical
Capital Blue Cross to Administer Coalition’s Self-Funded Medical Plans for Large and Mid-Sized Employers
Endorses Capital Blue Cross as Exclusive Preferred Partner for Medical
The Lehigh Valley Business Coalition on Healthcare (LVBCH) has selected Capital Blue Cross to administer the coalition’s self-funded health plans for large and mid-sized employers. In making the selection, the LVBCH Board of Directors has endorsed Capital Blue Cross as LVBCH’s exclusive Preferred Partner for Medical.
Capital Blue Cross participated in an extensive review process to earn the Coalition’s Preferred Partner status. In doing so, Capital Blue Cross demonstrated market-leading plan performance, pricing, and enhanced service capabilities that give employers benefits and benefit administration options that best meet their needs. Using a market-based approach, the Coalition negotiates rates exclusive to its members and better than what individual employers can obtain on their own. Capital Blue Cross’s preferred pricing for LVBCH members is available immediately.
“Since our relationship began in 2013, Capital Blue Cross has been a valued partner of the Coalition,” said LVBCH President Carl Seitz. “With this selection, Capital Blue Cross will continue to bring outstanding value to Coalition members, a point that’s more important than ever as employers and their employees are facing unprecedented economic pressure. We appreciate how Capital Blue Cross directly contributes to LVBCH’s mission to improve the delivery, cost, and quality of healthcare in our communities.”
Capital Blue Cross has built a trusted reputation through its commitment to improving healthcare quality and outcomes for its members while addressing costs for employers and their employees. The preferred status allows Capital and the Coalition to collaborate in developing programs and services specifically for Coalition members, and ensures they can benefit from Capital Blue Cross’s high-quality, cost-efficient group health plan management solutions. The arrangement also has produced additional financial incentives for Coalition members, stemming from significant membership increases.
“Capital Blue Cross is proud to continue supporting the Coalition’s mission and development,” said Capital Blue Cross President and CEO Todd Shamash. “The Capital Blue Cross-LVBCH collaboration provides innovative solutions that allow the region’s employers to better manage their total cost of care and underscore Capital Blue Cross’s longstanding commitment to the Lehigh Valley.”
“By working together, Capital Blue Cross and LVBCH have created tremendous growth that will translate to substantial administrative savings to participating employers,” said Capital Blue Cross Chief Sales Officer Wes Reohr. “This is another example of Capital going the extra mile to ensure Coalition members get the highest-quality coverage at the most affordable cost.”
LVBCH includes more than 275 member companies representing over 171,000 employees and almost 394,000 member lives.
Coalition purchasing programs are available directly to employer members, and through our members’ consultant and broker representatives, which is an integral part of LVBCH’s membership recruitment. Employers are encouraged to contact their consultant/broker or LVBCH to learn more about our purchasing programs. For more information visit www.lvbch.com.
About Capital Blue Cross
Capital Blue Cross serves a 21-county region in Central Pennsylvania and the Lehigh Valley by offering health insurance products, services and technology solutions that provide peace of mind and promote health and wellness for our members. We focus on simplifying and personalizing the healthcare experience and using innovative solutions – including patient-focused care models, actionable data, and digital health technologies – to create healthier lives and lower healthcare costs. Our Capital Blue Cross Connect health and wellness centers provide in-person service and inspiration to help people reach their health goals. Capital Blue Cross is an independent licensee of the Blue Cross Blue Shield Association.