Minnesota Blues To Keep Proceeds From Tobacco Suit

The only health plan in the country to recover damages from tobacco companies has fought off a court challenge that sought to distribute proceeds from the tobacco settlement directly to policyholders.

Blue Cross and Blue Shield of Minnesota reached a settlement with tobacco companies in May. It calls for the insurer to receive $469 million to cover its costs of treating smoking-related illnesses over the years.

Seventeen law firms sued BCBS shortly afterward, in an effort to force the Blues to repay the money to subscribers.

Instead, BCBS intends to use the tobacco settlement proceeds to reduce tobacco use and other health risks among its members. Minnesota's Commerce Department, which oversees health plans, must approve the insurer's plan for spending settlement money.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

Subscribe to Our Newsletters

Monthly table of contents

Be notified as each issue of Managed Care is available online.

Biweekly newsletter

Recent topics have included:

PTCommunity news

New drug approvals, clinical trials, drug management. Three times per week.