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In 1982, Blue Shield merged with The Blue Cross Association to form the Blue Cross and Blue Shield Association (BCBS). [11] Prior to 1986, organizations administering BCBS were tax exempt under 501(c)(4) as social welfare plans. The Tax Reform Act of 1986 revoked the exemption, however, because the plans sold commercial-type insurance.
The Blue Cross-Blue Shield Building. The Blue Cross-Blue Shield Building is an office building in Chicago, Illinois. The building is located at 55 W Wacker Drive in the Loop in Downtown Chicago. It was designed in a Brutalist style by C.F. Murphy Associates. The building opened in 1968 as the headquarters for BlueCross BlueShield of Illinois. [1]
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.
Health Care Service holds a license to provide Blue Cross Blue Shield insurance plans in five U.S. states. It employs more than 27,000 people and 18.6 million members.
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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]
Advocate Good Samaritan Hospital has 333 beds, and more than 1,000 physicians representing 63 specialties. There are 2,600 employees at the hospital, and services include: cardiology, orthopedic surgery, general surgery, gastroenterology, stroke care, obstetrics and gynecology, low dose diagnostic imaging, and a comprehensive breast center.
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