Apologies for the appalling pun, but HSC is out with a very thorough and readable analysis of the for-profit conversion of many Blues plans, and what the impact of these conversions has been. They note that virtually all the converted Blues are ending up in one big organization (the new Anthem) and their conclusion pretty much matches my opinion–it doesn’t really make any difference whether the Blues are for-profit or not, they always acted the same way (i.e. like a health insurer!). But on the other hand the amount of money gained by the states or Foundations that resulted from the conversions is more than enough to exhaustively study all of health care’s problems. It’s just not enough to actually solve any of them.