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Maine.gov > PFR Home > Insurance Regulation > Hearing Decision Index > Document 85 : INS 99-14 : Hearing Decision

STATE OF MAINE
DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
BUREAU OF INSURANCE

IN RE: )
Application of Associated Hospital Service )
Of Maine d/b/a Blue Cross and Blue Shield )
Of Maine to Convert to a Stock Insurer )
And Voluntarily Liquidate and Dissolve ) ORDER GRANTING
) APPLICATION TO

and

) INTERVENE OF
) CENTRAL MAINE
IN RE: ) PARTNERS HEALTH
Application of Anthem Health Plan of ) PLAN
Maine, Inc. to Acquire the Assets of )
Associated Hospital Service of Maine d/b/a )
Blue Cross and Blue Shield of Maine and )
Related Transactions )
)
Docket No. INS-99-14 )
(CONSOLIDATED) )

The Superintendent is in receipt of an application to intervene of Central Maine Partners Health Plan (CMPHP). The application seeks intervention on the basis that CMPHP is owned by Blue Cross Blue Shield of Maine and Central Maine Healthcare Corporation, each holding 50% ownership. The acquisition of Anthem BCBSME of Blue Cross’ 50% holding would affect the governance of CMPHP. Further, a change in the partners could impact the contractual relationship between CMPHP and Blue Cross under which Blue Cross provides administrative managerial services to CMPHP. Lastly, the application pending before the Superintendent contemplates a change in CMPHP’s corporate purposes such that CMPHP would no longer be a health insurance affiliate.

Given the direct and substantial interest of CMPHP in Anthem’s proposed acquisition of the assets of Blue Cross, CMPHP’s request to intervene is hereby GRANTED. Within seven days of the date of this Order, CMPHP shall notify the Superintendent and all parties in writing as to the extent to which it expects, at this time, to engage in discovery. If CMPHP expects to engage in discovery, it must, at the same time, make a proposal for the coordination of its discovery with that of other intervenors.

PER ORDER OF THE SUPERINTENDENT

 

DATED:                                                                                                                   
                                                                                ALESSANDRO A. IUPPA
                                                                                Superintendent of Insurance

Last Updated: August 22, 2012