The State of Tennessee was the guinea pig state that instituted Al Gore's Tenncare plan to replace Medicaid. It didn't work any better than the ACA, and is still a fiasco.
BCBS of Tennessee knows exactly where they're making money and they know where they're losing money, and they are simply unwilling to take such a bloodbath in red ink. They're just trying to protect their shareholders.
Vanderbilt Hospital has bought dozens and dozens of medical practices throughout the region. They and their 1700 physicians and P/A's are refusing to accept Medicare Advantage programs under any circumstances which has made a mass exodus of patients to other physicians. They're also in the process of forming management partnerships with all the hospitals in the state (except Knoxville), and will be controlling the healthcare in massive areas--parts of 6 states. Who knows what this will mean for the entire Mid South region?
With the ACA imploding, we'll just have to wait and see. I just hope BCBS doesn't drop my daughter's individual healthcare plan (not ACA) I pay for monthly.