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July 14, 2016
We received notice late Wednesday that Providence-Swedish Health & Services has decided to terminate their contract with Premera Blue Cross, effective January 1, 2017.
At this time we do not know if this decision to terminate is a final position on the part of Providence or part of their negotiations with Premera.
Premera has assured the marketplace that they “will continue to work with providers to ensure our customers have access to high-quality, high-value healthcare in their community. In the meantime, we remain open to working with Providence on a new contract.”
This termination notice is applicable to the Providence operations in Washington State and we do not believe it will be applicable to Alaska.
We will keep you appraised as we learn more. In the meantime, please contact your account team at Parker, Smith & Feek if you have any questions.
Read the full article here on the Puget Sound Business Journal.
As always, should you have any questions, please contact your
Parker, Smith & Feek Benefits Team.
The views and opinions expressed within are those of the author(s) and do not necessarily reflect the official policy or position of Parker, Smith & Feek. While every effort has been taken in compiling this information to ensure that its contents are totally accurate, neither the publisher nor the author can accept liability for any inaccuracies or changed circumstances of any information herein or for the consequences of any reliance placed upon it.