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Oregon Educators Benefit Board Creates First Single Insurance Purchasing Pool Following State Mandate

Posted : Thu, 04 Sep 2008 12:09:30 GMT
Author : HealthLeaders-InterStudy
Category : Press Release
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Effort May Receive Scrutiny from Public Agencies Nationwide, According to New Report from HealthLeaders-InterStudy NASHVILLE, Tenn., Sept. 4
NASHVILLE, Tenn., Sept. 4 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that the Oregon Educators Benefit Board has awarded three-year contracts for medical and pharmaceutical coverage to Providence Health Plans, Kaiser Northwest and ODS Health Plan, along with Willamette Dental for dental care. The contracts are the result of a 2007 law that created a mandatory insurance pool for school districts starting October 2008. According to the latest Oregon and Washington Health Plan Analysis, these awards will change the landscape of the Oregon health plan market as the state's largest insurer, Regence BlueCross BlueShield of Oregon, was not included in the contract.
According to the report, Regence BlueCross BlueShield will likely lose about 100,000 members as current members move to the new Oregon Educators Benefit Board plans.
This is the first time the Board has created a single purchasing pool. Through this plan, beginning on October 1, 2008, the Board will provide medical, dental and vision benefits for more than 65,000 school and education service district employees and their dependents, totaling an estimated 165,000 covered members.
"As the first such pool to be developed, it should receive significant scrutiny not only from stakeholders in Oregon, but throughout the country," said Don Mooradian, analyst with HealthLeaders-InterStudy and author of the report. "As public entities continue to look for ways to control spending, the Board's move will likely be monitored by public agencies outside the state looking for healthcare cost-saving solutions."
The Board awarded contracts after reviewing multiple factors, including cost, price transparency, partnership opportunity and alignment with Board objectives. Four separate request for proposals were distributed: one each for medical, dental, vision and pharmacy benefits. After reviewing 30 proposals, the Board selected carriers that enabled them to meet their plan design and cost comparability requirements, and maximize administrative efficiencies.
About Health Plan Analysis
Health Plan Analysis identifies key health plan trends, allowing healthcare businesses to create comprehensive strategic plans and sales strategies at state and local levels. Updated quarterly, Health Plan Analysis provides a detailed look at plan design and financials, as well as information about mergers, legislation and other influencers driving healthcare in a particular region.
About HealthLeaders-InterStudy
HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HealthLeaders-InterStudy.com.
About Decision Resources, Inc.
Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.
All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.
For more information, contact:

Lisa Osgood  Elizabeth Marshall
HealthLeaders-InterStudy Decision Resources, Inc.
781-296-2606 781-296-2563
losgood@hl-isy.com   emarshall@dresources.com
SOURCE HealthLeaders-InterStudy

Copyright © 2008 PR Newswire. All rights reserved.




Article : Oregon Educators Benefit Board Creates First Single Insurance Purchasing Pool Following State Mandate
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