Blues say new financial incentives needed for reform

The Blue Cross and Blue Shield Association has made what may be its strongest statement in favor of pay-for-performance schemes, telling Capitol Hill officials that any reforms they discuss should include financial incentives to provide high-quality care. BCBSA officials said that the current system wastes a great deal of money, with 30 percent of healthcare spending going to ineffective, redundant or inappropriate care. To address these issues, BCBSA has established a program that recognizes 800 specialty centers in 42 states for providing care that meets evidence-based thresholds. Meanwhile, several individual Blue plans have rolled out P4P plans, executives noted.

To learn more about P4P in Blue plans:
- read this Healthcare Finance News article

Related Articles:
Medicare P4P results show care improvements
Case study: MI groups make P4P dollars through IT
Trend: Number of P4P programs increasing rapidly
Without Blue plan, P4P stumbling in Arizona

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