NEW ORLEANS (WVUE) – State lawmakers spent six hours questioning executives of Blue Cross Blue Shield of Louisiana over the planned sale of the company to Elevance Health of Indiana.
The legislature’s Joint Committee held a hearing to get details about the proposed sale of BCBS, which is the largest healthcare insurer in Louisiana.
Steven Udvarhelyi, M.D. is CEO of Blue Cross Blue Shield. He explained that Elevance is formerly Anthem.
“As you may know, it’s a new name. They previously were Anthem. They are the parent company of the Blue Cross and Blue Shield plans in 14 other states,” said Udvarhelyi.