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WellPoint exec: The consumer view isn't just the hospital view

Wall Street Journal Health Blog, January 28, 2010

Wayne S. DeVeydt, WellPoint's executive vice president and chief financial officer, told the Wall Street Journal Health Blog that employers are increasingly willing to consider allowing the insurer to drop a hospital from its local network of providers if the hospital's rates can't be brought to an acceptable level and there are other options in the community. DeVeydt added that WellPoint is getting more support from employers if a hospital complains to state regulators that the insurer is not providing an adequate network for members. "We're trying to make sure that the regulator knows the consumer view isn't just the hospital view,” but also the employer's view, he told the Health Blog.