Blue Cross Blue Shield Association Statement on CMS’ Risk Adjustment Rule

Washington – Blue Cross Blue Shield Association President and CEO Scott Serota issued the following statement today in response to the final rule on risk adjustment issued by the Centers for Medicare and Medicaid Services (CMS).

“We are pleased that CMS has issued a final rule that will restore risk adjustment payment transfers in a timely fashion. This will protect consumers, ensuring coverage for millions of Americans is not disrupted.

“This action is consistent with the CMS report released earlier this month which demonstrates clearly that the risk adjustment program is working as intended by supporting those insurers who are paying for the care of Americans with the most significant medical needs. The program’s continued smooth operation is vital to keeping coverage affordable for millions of individuals and small businesses.”
 

The Blue Cross Blue Shield Association is an association of 35 independent, locally operated Blue Cross and/or Blue Shield companies.