7 state, federal health plan contract shakeups

Becker's Healthcare June 20, 2024
Rylee Wilson

State health plan contracts, which provide coverage to thousands of employees and their dependents, can be worth hundreds of millions a year.

Here are seven state and federal contracts awarded to payers in 2024:

1. Blue Shield of California was awarded the California Public Employees’ Retirement System PPO contract, which provides coverage to over 400,000 California employees. Blue Shield of California won the contract from Anthem Blue Cross, which held it for more than 20 years.
2. California selected Elevance Health’s Carelon Behavioral Health as the administrative services organization for the state’s Child and Youth Behavioral Health Initiative. The contract is worth $400 million and will include credentialing behavioral health professionals, managing claims, and submitting claims to Medicaid and...

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