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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] [3]
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]
The company was founded in 1936 and is based in Chicago, Illinois with a network of offices in the United States. Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states. It concentrates its operations in Illinois, Montana, New Mexico, Oklahoma, and Texas.
Yahoo Finance compiled a list of the biggest publicly traded companies in each state and Washington, D.C., based on market cap and the location of companies' headquarters as of 2023. Healthcare ...
Here are 10 publicly traded businesses on the stock exchange. ... Virginia, and the Electric Boat division is headquartered in New London, ... USA TODAY Sports. NBA Cup scores, results: Who is ...
In 1992, WellPoint was formed to operate Blue Cross of California's managed care business. [25] In January 1993, Blue Cross of California spun off its managed care business into a publicly traded entity, WellPoint Health Networks Inc. Blue Cross of California retained an 80% interest and voting control. [26] [27]
Blue Cross Blue Shield payments to about 6 million people are set to go out more than two years after the health insurer reached a $2.67 billion settlement with subscribers.
It became a publicly traded company in 1984 and changed its name to UnitedHealth Group in 1998. [7] In 1988, UnitedHealthcare started its first pharmacy benefit management, through its Diversified Pharmaceutical Services subsidiary. It managed pharmacy benefits delivered both through retail pharmacies and mail.