Jobs Alert:Health Plan Support Positions

An affiliate of CareFirst,Inc.,the parent of CareFirst BlueCross BlueShield,Service Plan Administration Services Corporation,has multiple openings in Information Technology,Accounting and Compliance.SBPASC provides business processing and technology infrastrucure for a leading Federal employee health plan,the Blue Cross and Blue Shield Service Benefit Plan.SBPASC is a financially strong organization,fully invested in maintaining its leadership position.The opportunities are in software engineering,architecture,requirements analysis,configuration management,automated testing,technical management,accounting and compliance management.
See where they can take your career.An open house will be held on Wednesday,June 23 from 4-8 p.m. at
1280 Maryland Ave.,SW
Washington,DC
To learn more,visit www.SBPcareers.com

Health Care Reform:The Blues React

Scott Serota,President and CEO of the Blue Cross and Blue Shield Association,a trade group representing 39 independent,community-based and locally operated health insurers,says they're gonna work very hard to make sure these laws do what they're supposed to do.Provisions of the bill are inflationary,so they're gonna have to find new and more innovative ways to make health care more affordable.Health insurance is a very low margin business.They're gonna have to pass some of the new expense on to consumers.
A health insurance company's profits are very small.A blue plan's profits are only 1.5-2%.It's a very low margin business.They need to focus on health care cost containment over the next 2-3 years to ameliorate the increase in premiums,Mr.Serota believes.
The BCBSA has an 80 year history.Based in Chicago,its member plans insure about 100 million Americans,or one in three.It is the oldest and largest family of health insurers.Wellpoint owns several of the plans.

Wellpoint Enrollment Down

Feeling the impact of the financial crisis,health insurer Wellpoint's enrollment was 34.6 million at the end of Q1-down 2.3% as companies cut health benefits for their employees.CEO Angela Braly says we're just now getting into the health care discussion.We know the Obama administration has been very interested in listening.Of those who are uninsured,25% are eligible for government programs;25% can afford their own insurance;we need a bridge for the rest,so they can get the coverage they need,Ms.Braly believes.Wellpoint is America's largest private health insurer,covering one in nine citizens through its Blue Cross plans.It is a holding of Warren Buffett's Berkshire Hathaway.

Wellpoint Is Ready

Health insurer Wellpoint(WLP) is ready for whatever the U.S. presidential election brings.CEO Angela Braly says the firm will work with either candidate.With 35 million members in its 14 Blue Cross plans,served by more than 42,000 employees,Wellpoint is the largest U.S. health insurer.Founded in 1944,the Indianapolis company is known for its stock buybacks in support of the share price.Wellpoint is a holding of billionaire Warren Buffett's Berkshire Hathaway.