Hard numbers
This is why you need newspapers — The N&O cracks the code on the State Health Plan.
Blue Cross’ revenue exposes a serious miscalculation of plan costs. Roughly two-thirds of Blue Cross’ total revenue comes from a contract to administer a preferred provider organization plan. A financial consultant to the plan had underestimated Blue Cross’ annual revenue under the PPO contract by roughly $20 million, or more than 40 percent.
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