Big changes for medical insurance for hundreds of thousands of Louisiana residents. Blue Cross and Blue Shield of Louisiana is being bought by Elevance Health Inc.

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BCBSLA has more than 1.9 million members in Louisiana and it will now join Elevance Health’s affiliated Anthem Blue Cross Blue Shield family of brands.

Specific details about the financial arrangement have not been released. But the released sent out by the companies says this combination "builds on the existing collaboration in Louisiana through joint ownership of Healthy Blue, which serves Medicaid and Medicare dual eligible members.

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KEEL News has also learned that a notice went out to employees and retirees from Blue Cross this week indicating the company is being purchased by Elevance Health, but we don't know yet what impact this will have on current policy holders.

Click here to see the full announcement on the purchase.

This deal is expected to close later this year and once that is a done deal, Elevance Health's affiliated Anthem Blue Cross Blue Shield plans will operate in 15 states.


What Is the Goal of this Purchase?

“Elevance Health and Blue Cross and Blue Shield of Louisiana will combine strengths to provide services unique to the needs of Louisiana to better serve members through a whole health personalized approach,” said Gail Boudreaux, President and CEO, Elevance Health. “As organizations aligned in our missions, we are excited at the opportunity to bring our leading, innovative whole-health solutions to BCBSLA’s members as we work together to become a lifetime, trusted health partner.”

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