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Second Public Hearing Scheduled for Blue Cross Blue Shield Acquisition
Submit Comments to:
Jesse Laslovich
Chief Legal Counsel
Office of the Commissioner of Insurance
840 Helena Avenue
Helena, MT 59601

Download the full application:
Application for Approval (PDF)

February 13, 2013

HELENA, Mont. – Insurance Commissioner Monica J. Lindeen announced plans today for a second public hearing on the proposed acquisition of Blue Cross Blue Shield of Montana (BCBS) by Chicago-based Health Care Service Corporation (HCSC).

The public hearing will start at 9:00 a.m. on March 12, 2013, in the courtroom of the Montana Supreme Court, 215 N. Sanders, 4th Floor, in Helena, Mont.

A previous hearing on Feb. 12 gave the public an opportunity to weigh in on the proposal, which converts Montana's largest non-profit health insurer to a for-profit subsidiary of the nation's fourth-largest health insurance company.

At the March 12 hearing, representatives from BCBS and HCSC will make their case that the proposed acquisition is in the public's interest and in compliance with state law. Both the Commissioner and the Attorney General will have an opportunity to call expert witnesses to evaluate the proposal.

The public is encouraged to submit comments in person at the March 12 hearing or in writing. Written comment should be sent to:

Jesse Laslovich
Chief Legal Counsel
Office of the Commissioner of Insurance
840 Helena Avenue
Helena, MT 59601

Former Montana Supreme Court Justice W. William Leaphart will serve as the hearing examiner. After the hearing, Leaphart will prepare a report on the application and its compliance with state laws for the Attorney General and the Commissioner to consider. Both officials must approve the application before BCBS can be acquired by HCSC.

WHAT: Second public hearing on application for Health Care Service Corporation to acquire Blue Cross Blue Shield of Montana

WHEN: 9:00 a.m. on March 12, 2013

WHERE: Montana Supreme Court, 215 N. Sanders, 4th Floor, Helena, MT