Texas Tech reaches agreement with major insurance provider
Update (October 7, 2024): Texas Tech Physicians of El Paso says it has reached an agreement with Blue Cross Blue Shield of Texas.
Read through the organization's statement below.
"Texas Tech Physicians of El Paso has reached an agreement with Blue Cross Blue Shield of Texas (BCBSTX) to continue our existing provider contract. BCBSTX is the institution’s Teacher Retirement System of Texas health insurance provider.
With this agreement, our BCBSTX plan holders will continue receiving uninterrupted, in-network care from Texas Tech Physicians of El Paso providers.
The health and well-being of our patients, employees and their families are our top priority and we look forward to continuing to provide world-class patient care in our Borderplex community."
Texas Tech Physicians of El Paso
EL PASO, Texas (KVIA) -- Texas Tech Physicians of El Paso has yet to reach an agreement with Blue Cross Blue Shield of Texas (BCBSTX) to keep the group's specialists in-network.
Texas Tech sent out the email to its patients on August 21, 2024, notifying them about a potential end in partnership between the group and BCBSTX.
As of the publication of this article, Texas Tech Physicians of El Paso is still part of the network. On October 7, 2024, however HMO and PPO plans will be terminated in-network. Blue Cross Advantage HMO plans will be terminated on January 5th, 2025, Texas Tech's letter explained.
ABC-7 has reached out to BCBSTX for comment on the situation and they gave this statement:
"Texas Tech Physicians of El Paso notified us of its intent to leave our networks starting on Oct. 7, 2024, unless new terms are reached. That means Texas Tech Physicians of El Paso would be out of network for BCBSTX PPO members and some of our HMO members on Oct. 7. Blue Advantage HMOSM members would not be impacted until Jan. 5, 2025. We value our relationship with Texas Tech Physicians of El Paso and hope to reach a new agreement before the deadline."
ABC-7 has also spoken with officials at Texas Tech Physicians of El Paso. More details on the story will be available on ABC-7 at 10.