Blue Cross and Blue Shield of Montana was awarded the contract to be the third-party administrator for medical benefits and claims administration for the state of Montana Benefit Plan, Montana Department of Administration officials said.
Misty Ann Giles
The contract, effective Jan. 1, will result in nearly immediate savings for the self-funded State Plan in 2023, with a projected savings of $28 million over the next three years, benefiting state agencies, state employees and the taxpayers of Montana, Department of Administration (DOA) Director Misty Ann Giles said in a news release.
“Contracting with BCBSMT (Blue Cross and Blue Shield of Montana) will allow us to enhance our ability to be responsible stewards of State Plan contributions while ensuring accessibility to high-quality medical care for State employees,” she said.
The contract has been issued for an initial term of three years, with the option to renew for a total of 10 years. BCBSMT was the third-party administrator for the state health plan for nearly 30 years until the state selected a different administrator in 2012. The state will pay BCBSMT to administer