Blue Cross, UMMC: Insurance commissioner suspends mediation

Insurance Commissioner Mike Chaney last week suspended mediation between the University of Mississippi Medical Center, the state’s largest hospital, and Blue Cross and Blue Shield of Mississippi, its largest private insurer.

Chaney on Thursday said he made the decision to suspend it indefinitely because “no progress has been reported to my office in the last six weeks.”

Hours later, however, Chaney sent an updated statement to Mississippi Today saying that while he has suspended mediation, “both parties are continuing talks to settle the network dispute and I believe a prompt settlement agreement is possible.”

If no settlement is reached in

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