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

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:

“Blue Cross Blue Shield (BCBS) Uninsured (ASO) Fees Analysis”

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• Blues organizations received fees from uninsured plans that provide coverage for 61.6 million people in 2021.
• An estimated 123.3 million people received health coverage from an employer...

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