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As Highmark Blue Shield, it is available in 21 counties in Central Pennsylvania and the Lehigh Valley. It also has a presence in the border areas of eastern Ohio, and all of West Virginia through its subsidiary, Highmark Blue Cross Blue Shield West Virginia. Highmark acquired Blue Cross of Northeastern Pennsylvania, BCNEPA, in June 2015. [4] [5]
Founded in 1948, [26] Arkansas Blue Cross Blue Shield (ABCBS) [27] is an independent licensee of the Blue Cross Blue Shield Association, and the largest healthcare provider in the state. [28] It donated $1.98 million to The Walton College of Business toward founding its Robert L. Shoptaw Master of Healthcare Business Analytics Program. [ 29 ]
AHN was formed in 2013 when Highmark Inc., a Pennsylvania-based Blue Cross Blue Shield insurance carrier, purchased the assets of the West Penn Allegheny Health System and added three more hospitals to its provider division. [1]
This isn't the only large-scale settlement Blue Cross Blue Shield has reached in recent months. It also has agreed to pay $2.8 billion to providers, including health systems and physicians.
Because of this competitive threat, UPMC declared they would not accept Highmark Blue Cross Blue Shield Insurance. [170] In order to protect public access to health care while agreements between the two systems unwound, both UPMC and Highmark Health accepted a state-brokered consent decree. [171]
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.