Horizon BCBSNJ Brief Notes V. 22, No. 899, Horizon BCBSNJ Leads the Way in Innovative Payment Models in New Jersey
January 15, 2013
Applies to: All Markets
Horizon Blue Cross Blue Shield of New Jersey Leads the Way in Innovative Payment Models in New Jersey
As health care costs continue to rise, it is clear the current system is unsustainable. To keep health insurance affordable, we need to focus our efforts on slowing the growth of medical costs. One solution that is showing some success in reducing costs while improving quality is the migration away from the current fee-for-service reimbursement model.
Horizon Blue Cross Blue Shield of New Jersey has taken a leading role in collaborating with doctors and hospitals to develop accountable care programs to transform how health care is delivered and paid for in our state. Since early 2011, Horizon BCBSNJ, through Horizon Healthcare Innovations, has been pioneering new health care programs that change incentives to better reward doctors and other health care professionals for improving the coordination and quality of care. We’re working with practices to help them achieve specific quality targets, then changing the reimbursement models to better reward doctors who meet these standards.
Read what Jim Albano, Vice President of Network Management and Horizon Healthcare Innovations for Horizon BCBSNJ, recently shared with local media outlets here.
Please see attached Broker Brief PDF Horizon BCBSNJ Brief Notes V. 22, No. 899
BB2013InnovativePayment (Size: 245 Kb )