{"id":46907,"date":"2022-08-03T20:01:59","date_gmt":"2022-08-03T18:01:59","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/mark-farrah-associates-analyzed-administrative-fees-from-self-insured-businesses-for-blue-cross-blue-shield-plans\/"},"modified":"2022-08-03T20:01:59","modified_gmt":"2022-08-03T18:01:59","slug":"mark-farrah-associates-analyzed-administrative-fees-from-self-insured-businesses-for-blue-cross-blue-shield-plans","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/mark-farrah-associates-analyzed-administrative-fees-from-self-insured-businesses-for-blue-cross-blue-shield-plans\/","title":{"rendered":"Mark Farrah Associates Analyzed Administrative Fees from Self-insured Businesses for Blue Cross Blue Shield Plans"},"content":{"rendered":"<div>\n<p>MCMURRAY, Penn.&#8211;(BUSINESS WIRE)&#8211;In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA), <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.markfarrah.com&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=www.markfarrah.com&amp;index=1&amp;md5=7b25d2d1d76948cb33f7d15312242ff1\" rel=\"nofollow noopener\" shape=\"rect\">www.markfarrah.com<\/a> assessed<i> <\/i>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\u2019s Blues analysis found:\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220803005776\/en\/667555\/4\/MFA_logo_color_2x.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220803005776\/en\/667555\/21\/MFA_logo_color_2x.jpg\"><\/a><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nBlues organizations received fees from uninsured plans that provide coverage for 61.6 million people in 2021.\n<\/li>\n<li>\nAn estimated 123.3 million people received health coverage from an employer or other sponsor that self-insures most medical expenses, during the same time frame.\n<\/li>\n<li>\nElevance Health, the new name of Anthem Inc.; Health Care Service Corporation (HCSC); Highmark; and Blue Cross Blue Shield of Michigan (BCBS of MI) all collected over $1 billion in reimbursements by uninsured plans in 2021.\n<\/li>\n<\/ul>\n<p>\nTo read the full FREE text of \u201c<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fmfa-briefs%2Fblue-cross-blue-shield-bcbs-uninsured-aso-fees-analysis-%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=Blue+Cross+Blue+Shield+%28BCBS%29+Uninsured+%28ASO%29+Fees+Analysis&amp;index=2&amp;md5=b194d8a00bea5fa9e5969f298d7035fd\" rel=\"nofollow noopener\" shape=\"rect\"><b>Blue Cross Blue Shield (BCBS) Uninsured (ASO) Fees Analysis<\/b><\/a>&#8220;, visit the Analysis Briefs library on Mark Farrah Associates&#8217; website <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.markfarrah.com%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=www.markfarrah.com&amp;index=3&amp;md5=174ba0adbfb0e53830f46432ac63e93e\" rel=\"nofollow noopener\" shape=\"rect\">www.markfarrah.com<\/a>. You can also follow us on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F33458855&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=7549f16986c881d4ad92fe9e6c9a1bf7\" rel=\"nofollow noopener\" shape=\"rect\">LinkedIn<\/a>.\n<\/p>\n<p>\n<b>About Mark Farrah Associates (MFA)<\/b>\n<\/p>\n<p>\nMFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2Fhealth-coverage-portal%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=Health+Coverage+Portal%26%238482%3B&amp;index=5&amp;md5=ca7901e7e39556767d63b6cc51fb2b5d\" rel=\"nofollow noopener\" shape=\"rect\">Health Coverage Portal\u2122<\/a>, <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2Fmbo%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=Medicare+Business+Online%26%238482%3B&amp;index=6&amp;md5=32dea96811d713ffd66e43c43da37456\" rel=\"nofollow noopener\" shape=\"rect\">Medicare Business Online\u2122<\/a>, <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2Fmedicare-benefits-analyzer%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=Medicare+Benefits+Analyzer%26%238482%3B&amp;index=7&amp;md5=f82b3032c602fb502f77334c75190a07\" rel=\"nofollow noopener\" shape=\"rect\">Medicare Benefits Analyzer\u2122<\/a>, <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2Fcounty-health-coverage%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=County+Health+Coverage%26%238482%3B&amp;index=8&amp;md5=6d09c0982e8cfcbb0258b3fa76e6239f\" rel=\"nofollow noopener\" shape=\"rect\">County Health Coverage\u2122<\/a>, <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2Fhealth-plans-usa%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=Health+Plans+USA%26%238482%3B&amp;index=9&amp;md5=22228456c015684a3ff2fd52743508f8\" rel=\"nofollow noopener\" shape=\"rect\">Health Plans USA\u2122<\/a> and <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.markfarrah.com%2Fproducts%2F5500-employer-health-plus%2F&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=5500+Employer+Health+Plus&amp;index=10&amp;md5=507899e1351e5f5cac8e6b7349d32edd\" rel=\"nofollow noopener\" shape=\"rect\">5500 Employer Health <sup>Plus<\/sup><\/a>. Follow us on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F33458855&amp;esheet=52800736&amp;newsitemid=20220803005776&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=11&amp;md5=b166472d0adea3cb636a0e911008b779\" rel=\"nofollow noopener\" shape=\"rect\">LinkedIn<\/a>!\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nMark Farrah Associates<br \/>\n<br \/>Ann Marie Wolfe, <a target=\"_blank\" href=\"&#x6d;&#x61;&#x69;&#x6c;&#x74;&#x6f;&#x3a;&#x61;&#x6d;&#x77;&#x6f;&#x6c;&#x66;&#x65;&#64;&#109;&#97;&#114;&#107;&#102;&#97;&#114;&#114;&#97;&#104;&#46;com\" rel=\"nofollow noopener\" shape=\"rect\">&#97;&#x6d;w&#111;&#x6c;&#102;&#x65;&#64;&#109;&#x61;r&#x6b;&#x66;&#97;&#x72;r&#97;&#x68;&#46;&#x63;&#x6f;&#109;<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MCMURRAY, Penn.&#8211;(BUSINESS WIRE)&#8211;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 &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/mark-farrah-associates-analyzed-administrative-fees-from-self-insured-businesses-for-blue-cross-blue-shield-plans\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-46907","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mark Farrah Associates Analyzed Administrative Fees from Self-insured Businesses for Blue Cross Blue Shield Plans - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/mark-farrah-associates-analyzed-administrative-fees-from-self-insured-businesses-for-blue-cross-blue-shield-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mark Farrah Associates Analyzed Administrative Fees from Self-insured Businesses for Blue Cross Blue Shield Plans - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"MCMURRAY, Penn.&#8211;(BUSINESS WIRE)&#8211;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 ... 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Based on statutory filings from the National Association of Insurance Commissioners (NAIC), BCBS entities reported receiving $18.7 billion in reimbursements in 2021 from ... 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