November 16, 2023
Premera Blue Cross received termination notices for three Providence Alaska groups:
- Providence Medical Group Alaska
- Providence Behavioral Medicine Group
- Providence Imaging Center
We are working in good faith to reach a new agreement that provides quality care for our members and fairly compensates the health system before the contract end date of December 31, 2023.
We understand the unprecedented economic climate, and we want to do our part to help. Significant rate increases, untethered to improvements in quality or access to care, work against our objective of making healthcare work better. It’s important to note that 80 cents of every premium dollar that Premera receives must be spent on our members’ care as mandated by state law. That’s why our focus has been—and continues to be—quickly reaching a new contract that benefits these Providence Alaska groups and our members.
We value the care our partners at Providence Alaska provide for our region. That’s why as we continue to work with them, we are committed to working long term on realistic, practical solutions that drive down costs. Our role is to be good stewards of your clients’ dollars; while also helping set them up for long-term financial success.
We are contractually required to mail notices to impacted members by November 30, 2023. We will keep you informed as negotiations continue so you are aware of our progress. You can also check out our Healthsource blog for the latest information or contact your Premera representative.