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In 1995, The Associated Group acquired Community Mutual Insurance, a provider of Blue Cross and Blue Shield insurance plans in Ohio with over 1.9 million policy holders), then set up Anthem Blue Cross and Blue Shield. [16] [17] In 1996, The Associated Group changed its name to Anthem Insurance Company. [17]
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 ]
The aim was to recover tax benefits and other concessions that the former Blue Cross & Blue Shield of Connecticut had received. The lawsuit was dropped after Anthem Insurance agreed to a settlement in 1999. As a result, the state established the Connecticut Health Advancement and Research Trust. [citation needed]
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In contrast, Mark Wagar, president and CEO of Empire Blue Cross and Blue Shield (part of Anthem), the largest New York insurer, was paid $2.2 million. [15] In May 2013, Frank Branchini became chairman and chief executive officer, succeeding Watson, who retired. [15]
Health Net was established as the nonprofit Health Net of California in 1977 by Blue Cross. [5] In 1992, a California order permitted the company to convert from a nonprofit to a for-profit company. [6]
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waystar.com has been visited by 10K+ users in the past month