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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 ]
Blue Cross Blue Shield offers Medicare Advantage plans in many, but not all, U.S. states. Coverage may also differ by location. Read on to find out more.
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.
However, some Blue Cross and Blue Shield plans continue to serve as insurers of last resort. [120] Similarly, the benefits offered by Blues plans, commercial insurers, and HMOs are converging in many respects because of market pressures.
In 1999, Anthem acquired Blue Cross and Blue Shield of New Hampshire and Blue Cross and Blue Shield of Colorado and Nevada. The acquisitions made since 1996 added 850,000 policy holders. Among its customer base were 2.4 million PPO and 964,000 HMO enrollees. [20] In 2000, Anthem acquired Blue Cross Blue Shield of Maine. [21]
A new House bill would ban health insurers from imposing arbitrary time limits on patients under anesthesia — days after Anthem Blue Cross Blue Shield only backed off the move amid outcry. “We ...