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Blue Cross NC, Wake Forest Baptist Health Announce Agreement to Lower ACA Rates by up to 15% for Small Businesses
Blue Cross and Blue Shield of North Carolina (Blue Cross NC) and Wake Forest Baptist Health announced an agreement that could reduce Affordable Care Act (ACA) rates for small business customers with 1 to 50 eligible employees by up to 15%.
Durham, N.C., Winston-Salem, N.C. — Blue Cross and Blue Shield of North Carolina (Blue Cross NC) and Wake Forest Baptist Health announced an agreement that could reduce Affordable Care Act (ACA) rates for small business customers with 1 to 50 eligible employees by up to 15%. The agreement means $2 million in reduction in healthcare costs for 2020 in the region.
“Small business owners are struggling to offer employees health insurance at an affordable price,” said John Roos, Blue Cross NC’s Chief Growth Officer. “Our new product with Wake Forest Baptist will address this challenge head on by delivering a 15% lower rate on average, and access to an excellent network of doctors and hospitals.”
“We are glad to partner with Blue Cross and Blue Shield to offer affordable healthcare options to local small businesses,” said Terry Williams, Chief Strategy Officer at Wake Forest Baptist. “We look forward to serving those who choose Wake Forest Baptist for their healthcare needs.”
The decreases will be available through a new product called Blue LocalSM with Wake Forest Baptist Health.
This new offering takes advantage of Wake Forest Baptist’s expertise and progress in providing value-based care to patients for the past 5 years. ACA patients in our existing service area already trust us with their healthcare.
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