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Blue Cross Blue Shield Names New CEO

BOSTON — The state’s largest health insurer will soon have a new CEO.

Blue Cross Blue Shield of Massachusetts has tapped Andrew Dreyfus as its new president and chief executive.

Dreyfus has worked on health care in state government, through the Massachusetts Hospital Association, and most recently via several positions at Blue Cross. He commissioned a report that became the basis for the state’s health care law and currently heads Blue Cross’ effort to pay providers based on the value — not volume — of care.

As CEO, Dreyfus will try to accelerate the shift to this new payment model.

“Physicians and hospitals need to accept greater responsibility and accountability for the quality and cost of care,” he said. “And our role is to pay them in a way that allows them to do that and then give them the information and support they need to be successful.”

Dreyfus succeeds Bill van Faasen, who will stay with Blue Cross in a still-to-be-determined role.

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  • Joe Levendusky

    I wonder how much they pay him? They paid the last guy 3.4 million a year and gave him a 16 million dollar retirement package when he left. Wonder why your health premiums are so high? And Blue Cross/Blue Shield claims to be a non-profit. 3.4 million is more than a living–it looks more like profit to me.

  • Keith

    Private insurances love to claim premiums hikes are due to the “skyrocketing cost” of healthcare. This such a purposely vague claim, and in reality is false. Yes overall healthcare is more. WHY? Not because Dr. Joe Schmoe gets paid astronomically more for a service than he did 10 yrs ago. Its because the census of people on private insurance, and even more, on Medicare is ever growing.

  • Keith

    Cont’d – This is trouble for Medicare because funds are limited to those working which is less with increased unemployment. However private insurances don’t have such a problem because with increased census comes an increase in revenue because there are more premiums coming in. Skyrocketing cost? No. Medicare has had an overall .5% increase in reimbursement to healthcare providers in the last 10 years. Envision the average worker only getting a .5% raise in 10 years. Private insurances often use Medicare as a basis for their reimbursement rates. So think of the grossly ever increasing premiums private insurances implement while healthcare providers revenue falls greatly short of the inflation rate. So healthcare providers make less, consumers pay more, and insurance companies make more. Not to mention, your local family doc that has overall had a .5% increase in revenue in 10 years, has probably shelled out 3% raises to his staff every year for the last 10 years. Wonder why they’re forced to schedule people every 5-10 minutes to make a comfortable living…

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