Sentara Threatens Healthcare Access and Affordability for Virginia Patients.
Sentara is threatening to cut the cord on its contract with Anthem Blue Cross Blue Shield of Virginia unless they agree to their steep rate hikes.
Right now, Sentara Health is threatening to terminate its contract with Anthem Blue Cross Blue Shield of Virginia unless the insurer agrees to its outrageous demands, including rate increases of 30 percent over the next three years.
Not only that, but Sentara also refuses to agree to updated industry-standard contract language that reduces hospital overbilling. This updated contract language is how insurers make sure that hospitals aren't billing $700 for a $1 bag of saline. Sentara is refusing to be held accountable for what it charges.
Sentara also claims it needs more money, but in 2024 Sentara Norfolk General Hospital enjoyed a 29.5% profit margin, which is over double the national hospital median profit margin of about 14%. They also own and operate their own health insurance subsidiary, Sentara Health Plans. This is causing some to suspect their real motivation to fight with Anthem is to drive business to their own health insurance company.
Anthem remains committed to keeping Sentara in its network – but, only if it protects patients' access to affordable healthcare.
Tell Sentara to negotiate in good faith.
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