Providence-Premera Negotiations Update
It appears that Providence–Swedish Health System and Premera are heading into difficult negotiations. Providence-Swedish announced its intent to terminate its contracts with Premera Blue Cross for all of its networks effective January 1, 2017.
We have seen similar events in prior years, where providers announce their intent to terminate a contract, and in nearly every case, still reach an agreement prior to the termination date.
Premera and Providence have over five months to work out an agreement. They both have indicated their willingness to continue negotiations.
We are monitoring negotiations closely and will keep WEA members and WEA Select Plan participants informed of new developments as needed.