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Started By
Message
re: Nonprofit BCBS of Louisiana seeks approval for sale to for-profit Elevance
Posted on 2/6/24 at 9:50 pm to 4cubbies
Posted on 2/6/24 at 9:50 pm to 4cubbies
quote:
Curious how many people thinks insurance costs will decrease if an overtly for-profit company takes over most of the policies in the state.
Don’t be fooled by the term non profit. You are foolish to think they don’t make money
4
Posted on 2/6/24 at 9:55 pm to ehidal1
quote:
Don’t be fooled by the term non profit. You are foolish to think they don’t make money
Exactly
Ochsner "not for profit"
NFL "not for profit"
Posted on 2/6/24 at 9:55 pm to ehidal1
That’s why I included “overtly for-profit”
Posted on 2/6/24 at 10:28 pm to ehidal1
quote:
Don’t be fooled by the term non profit. You are foolish to think they don’t make money
Yeah. The margins are damn near the same.
But this isn’t unusual.
Big BCBS blue shield orgs have been buying smaller ones for some time now.
Posted on 2/7/24 at 9:13 am to ehidal1
Ochsner is non profit.....
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