What is Blue Cross and Blue Shield of Louisiana doing about rising healthcare costs?
For years, Blue Cross and Blue Shield of Louisiana has been a leader in the fight to keep healthcare affordable. Some of our work is easily seen like anti-fraud efforts that saved our members nearly $5.5 million in a two-year period. Other cost-cutting projects are more complex and behind the scenes. But each day we take our responsibility to manage your healthcare dollar very seriously. Here are some ways we work for our customers to control your costs: • Negotiate with doctors and hospitals to provide you with quality medical care at competitive rates. Our contracts with providers save our members hundreds of millions of dollars each year. • Keep our administrative costs as low as possible we currently spend only 7 cents of each premium dollar on operating costs. • Cost containment activities such as care management for complex illnesses, coordinating payment with other coverage you might have, and pharmacy programs. • Develop new and innovative products with affordable coverage opti
