Elevance Health will delay a plan to buy Blue Cross and Blue Shield of Louisiana for $2.5 billion.
The deal, first announced in January of this year, was designed to bring 1.9 million health plan customers and another state market to Elevance Health’s family of affiliated Anthem Blue Cross Blue Shield branded health insurance plans. Elevance Health, which is the nation’s second largest health insurer with 48 million subscribers, owns Anthem branded Blue Cross and Blue Shield plans in 14 states.
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But various stakeholders need more time before agreeing on “the plan of reorganization” of the health insurance companies so Elevance Health withdrew its acquisition application from the Louisiana Department of Insurance.
“One theme continues to emerge, and that is our key stakeholders would like more time for questions to be addressed about the plan of reorganization,” Elevance Health said in a statement Tuesday night. “Since we are committed to making sure these questions are answered, BCBSLA and Elevance Health do not believe it is the right time to hold public hearings and a policyholder vote. We have chosen to withdraw BCBSLA’s plan of reorganization and Elevance Health’s acquisition application from the Louisiana Department of Insurance to provide more time for key stakeholders to understand the benefits this transaction will provide to Louisianians and how the quality service our stakeholders know, and value will continue.”
Mergers and acquisitions among Blue Cross and Blue Shield companies are complicated and take time due to different ownership structures.
It’s common for proceeds of sales of nonprofits or mutual-owned health insurers to publicly-traded and investor-owned companies like Elevance Health to be allocated to not-for-profit foundations or charities. That way, the long-held mission of the mutual or nonprofit continues in some form.
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In this case, Blue Cross and Blue Shield of Louisiana, founded in New Orleans in 1934, is a private mutual company owned by policyholders.
“Blue Cross and Blue Shield of Louisiana and Elevance Health entered into this agreement with a mutual goal to improve the health outcomes and lives of all Louisianians by offering new programs alongside the highest quality services that BCBSLA stakeholders have relied on for decades,” Elevance Health said. “The connection between BCBSLA and Elevance Health remains the right partnership at the right time for the best health outcomes that Louisianians need and deserve. We are determined to meet these goals.”
Roishetta Ozane and her children walk in a second line through the French Quarter during the “Power Up in the Gulf” event for climate justice on Nov. 3, 2023. (Minh Ha/Verite News)
When environmentalist Roishetta Ozane saw swing states begin to turn red on election night, she said she was heartbroken. Despite massive campaigning efforts in key states like Pennsylvania and Georgia, Democratic nominee and Vice President Kamala Harris was losing the race to former president and now president-elect Donald Trump.
“At first I felt sad and just kind of hopeless,” Ozane said. “Then I felt angry that so many people didn’t vote. I also felt like it was just like a punch in the gut. I feel like we had done everything, we had made sure people were educated on the issues.”
Ozane is the founder and director of the Vessel Project of Louisiana, an environmental mutual aid group based in Lake Charles. The group provides rebuilding assistance to those who have been affected by hurricanes and campaigns against the fossil fuel industry, which dominates large parts of the region and poses risks to residents through ongoing emissions and, periodically, catastrophic accidents. On the day after the election, Ozane even thought about quitting her work as an environmental advocate as she remembered Trump’s first term.
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Trump has undermined efforts to fight climate change, and in his first term rolled back more than 100 environmental rules, most of which regulated air pollution and emissions standards.
Sharon Lavigne, the founder of environmental justice group Rise St. James, said that the election was a setback. She said that clean air and water won’t be a priority for the administration, and is concerned about Trump’s pro-fossil fuel stance. Rise St. James is currently fighting to prevent Formosa Plastics from building a sprawling multi-million dollar complex in St. James Parish. The parish lies in what many call “Cancer Alley,” the industrial stretch along the Mississippi River between New Orleans and Baton Rouge known for high cancer rates and heavy industrial pollution from facilities near residences.
“I’m worried about them giving more power to industry to poison us,” Lavigne said. “They’re more concerned about industry than the people.”
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Lavigne’s worries were echoed by other environmentalists, such as Arthur Johnson, the executive director of the Lower 9th Ward Center for Sustainable Engagement and Development. He is worried that environmental justice will not be a priority for the federal government after Trump takes office in January.
“You can’t depend on public entities and public leaders to make these decisions that will benefit us,” Johnson said.
Trump announced Lee Zeldin, a former U.S. representative from New York, as his pick for the head of the EPA. Like Trump, Zeldin has a pro-energy, anti-regulation stance. While in Congress, he voted against numerous environmental protection policies, as well as the Inflation Reduction Act, which has put billions of dollars into clean energy initiatives, from solar-powered housing to urban tree planting. Trump has promised to roll back the IRA and increase fossil fuel production.
Ozane said that the federal government should create protections for the environment and frontline communities while President Joe Biden is still in office in order to make it more difficult for policies to be undone once Trump is sworn in. She said Biden should make sure communities receive IRA funds before the inauguration, ban drilling on public land and declare a climate emergency to help move funds to frontline communities.
But in the next couple of days, Ozane no longer felt hopeless as she remembered her history.
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“We’ve always had to fight, especially as Black people, as people of color, as low-income people, we have always had to fight,” Ozane said. “We have always found a way to survive and thrive in our communities and the government is not who is going to save us. We are going to save ourselves.”
In the coming months, Ozane said she will organize and strategize to try to get the Biden administration to fulfill some of her environmental protection goals. Ozane and other Louisiana environmentalists are poised to increase community outreach and form networks that will help them protect themselves, with or without support from the federal government. Johnson said his organization will have more conversations about their work to broaden its impact.
“But we can’t just sit back and wait and say, ‘Let’s see what they’re going to do and then let’s act,’ because then we’re reacting,” Johnson said. “And my point is that we have to not react, but we have to act.”
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This article first appeared on Verite News and is republished here under a Creative Commons license.
RUSTON, La. (AP) — Daniel Batcho scored 38 points as Louisiana Tech beat Mississippi College 105-67 on Monday night.
Batcho added eight rebounds for the Bulldogs (4-0). Kaden Cooper added 15 points and eight rebounds. Amaree Abram scored 13.
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Odis Carter finished with 17 points and two steals for the Choctaws. JJ Harris added 16 points and four assists. Tyree Bracey had 14 points and two steals.
Louisiana Tech took the lead 19 seconds into the game and did not give it up. Batcho led his team in scoring with 12 points in the first half to help put them up 46-36 at the break.
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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
The Louisiana Senate approved two bills Monday that would partially restore lawmakers’ ability to delay certain court proceedings when it conflicts with their legislative schedule.
The measures come after the state Supreme Court declared a similar law unconstitutional that applied to legislators who are attorneys.
No senators voted against Senate Bill 7 by Sen. Jay Luneau, D-Alexandria, or Senate Bill 9 by Sen. Greg Miller, R-Norco. The proposal will go next before a House committee. Luneau and Miller are attorneys who supported each other’s bills in the hopes that one would make it through the entire legislative process.
The proposals are a narrower version of what the Supreme Court struck down. They apply to attorney-lawmakers who might need to delay court proceedings due to legislative duties and when legislators are personally party to a court proceeding.
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If either of the bills pass, they would override guidance the Supreme Court issued.
Both bills include safeguards that did not exist in the original law, including allowing opposing counsel to challenge a legislator’s request for a delay and excluding certain types of court proceedings.
Cases involving child custody, domestic violence and protective orders are among the types of hearings for which legislators cannot seek delays.
If either proposal becomes law, a judge could deny the request for a delay if it’s determined the attorney-legislator was seeking it for an “improper” purpose or if the opposing party would suffer “substantial and immediate harm” if the delay is granted.
The Supreme Court threw out the original continuance law in response to a case involving law partners Sen. Alan Seabaugh, R-Shreveport, and Rep. Michael Melerine, R-Shreveport, during a personal injury case.. Their opposing counsel argued that the lawmakers had held up a case for years through legislative continuances.
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Seabaugh was not present for the vote on either bill or for the committee hearing on the bill last week.