RALEIGH, N.C. (AP) — Rivals to Blue Cross Blue shield are backing legislation to eliminate a negotiation technique that North Carolina health insurers use with doctors and hospitals.

The others say Blue Cross Blue Shield discourages competition.

The House Judiciary Committee voted Wednesday to prevent insurance company contracts from requiring medical providers to accept the lowest prices for services that they accept from any competing health plans. The bill also would prevent providers from having to disclose their rates with another insurance carrier.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.