BlueCross BlueShield of Oklahoma has released a statement reminding its clients that generic drugs can contribute to lowering the overall costs of health insurance, especially for patients. The NAIC working group deferred action on the proposal until its winter meeting, which in hindsight was predictable because insurance commissioners, like all political creatures, normally put off major policy decisions when Election Day looms. However, you will be asked to pay for any charges in excess of your benefit levels or any non medical expenses before you leave the hospital.
Their membership may continue for as long as you remain a member of the plan. The Policyholder can end your membership or that of your dependents at any time by writing to us. You may ask the hospital to contact us and we will then guarantee the charges up to your benefit limits.
In the unlikely event that you incur charges in excess of your benefits or the expenses are from ineligible benefits and you do not settle these directly with the hospital or in the event of the treatment for your pre-existing conditions that we are made aware later, we will invoice you separately.
It’s not yet clear if the current Tri-Agencies’ fishing expedition is simply being done to satisfy health care proponents’ demands that the self-insurance industry be more closely investigated and that the regulators are conducting good faith due diligence without a pre-determined outcome.
Such a motive is highly suspect of course, but the fact that he chose to push an attachment point requirement that is more than three times higher than that of any other state is clearly a brush back pitch to the self-insurance industry, to use a baseball analogy.