Bon Secours launches insurance network

Bon Secours Richmond (Va.) Health System recently launched Bon Secours Value Network, a self-insured plan for small- and medium-sized businesses in central Virginia, according to The Richmond Times-Dispatch.

Under the plan, Bon Secours provides companies with access to providers at 100 Richmond-area locations, including five hospitals.

Although the plan is still in the roll-out phase, Bon Secours has already partnered with an independent physician group and Tuckahoe Orthopadics in Richmond to expand care options for companies participating in the Value Network. Tony Herbert, vice president of managed care at Bon Secours, told the Times-Dispatch that the system plans to expand the network over the next two to three months.

A handful of companies have already joined the Value Network, according to the report.

More articles on payer issues:

BCBS of North Carolina raises rates after $282M loss on ACA customers
Empire, BCBS to split after unsuccessful negotiations
UnitedHealth to exit Illinois' ACA exchange

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