Background
Legacy Health plans to terminate its contract with Regence BlueCross BlueShield by March 31 unless a new agreement is reached. The potential termination could disrupt services for Regence members. A similar dispute occurred between Providence and Regence last year but was resolved with a new contract. Legacy Health is also in merger talks with OHSU amid financial challenges.
Market Resolution
This is a prediction market. Market will close the day before the current contract is set to expire (30 Mar 2024)
Market will resolve YES if Legacy and Regency negotiate a new contract.
Market will resolve NO if Legacy and Regency do not negotiate a new contract.
Market will resolve based on credible news reports or company press releases.
Disclaimer
I do not bet in markets I create. In the event that I am unable or unavailable to resolve the market, the market may be resolved by Manifold Mods. Any changes to the market description will be noted in the change log.
Missed the announcement but a new contract was signed 31 Mar.