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Blue Cross Blue Shield Association, also known as BCBS, BCBSA, or The Blues, is a United States–based federation with 33 independent and locally operated BCBSA companies that provide health insurance to more than 115 million people in the U.S. as of 2022.
[2] HCSC reported a strong underwriting profit in 2017 after losses related to Affordable Care Act (ACA) exchange-sourced business in 2014 and 2015. The company reported annualized return on capital of greater than 40% through the first half of 2018, where achieving a high single-digit ROC would be consistent with Fitch's median guideline for ...
[5]: 2 In January 2009, Cahaba won a US$335 million 5-year contract with the CMS to administer Medicare insurance in 3 more states besides Alabama, Georgia, Tennessee and in Mississippi for part B Medicare. [5] /: 2 The contract's full name is 'Jurisdiction 10 (J10) A/B Medicare Administrative Contract'. Cahaba also provides Regional Home ...
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In 2006 the City of Chicago granted a building permit to Health Care Service Corporation Blue Cross Blue Shield of Illinois to renovate the building upwards, which gave additional 24 stories and made the building 57 stories in total (3 floors below ground). [1]
Some fraud rings involve insurance claims adjusters who authorize payment on the claims. [21] In the UK, the Association of Chief Police Officers estimated that 30,000 auto accidents were staged in 2009. [22] Insurance fraud may also include such actions as a pedestrian jumping in front of a car, then seeking compensation for claimed injuries. [23]