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Article: Horizon's stormy skies; Latest bid for conversion sure to meet opposition.(The Week in Healthcare)(Horizon Blue Cross and Blue Shield of New Jersey)
- Article from:
- Modern Healthcare
- Article date:
- August 25, 2008
- Author:
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Gregg Blesch
A blue-and-white blimp flying the logo of Horizon Blue Cross and Blue Shield of New Jersey sums up what's wrong with the insurer's plan to convert to for-profit status from the view of the Medical Society of New Jersey's top executive.
"It goes up and down the Jersey Shore every day,'' the society's chief executive officer, Michael Kornett said. "These guys are so damned obnoxious.''
That bad blood, along with deep concerns voiced by the New Jersey Hospital Association, signal that Horizon is headed for turbulence in the public hearings required under the state statute passed in 2001 to pave the way for the company's ...