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BCBSAL is classified as a 501(m) company by the IRS. Under state law it is classified as a "special health-benefit service plan", not an insurance company, although its coverage functions like health insurance. As a special health-benefit service plan the Alabama Department of Insurance does not automatically review BCBSAL rates as long as the ...
Health insurance companies, including UnitedHealth Group, don't appear to spend as much on executive protection as some of the Big Tech giants. However, the health insurance industry isn't an outlier.
J. Patrick Rooney, chairman, president, and chief executive officer of Golden Rule Insurance Company until his retirement in 1996 [26] John Rowe, chief executive officer of Aetna from 2000 to 2006 [27] V. J. Skutt, president and chief executive officer of Mutual of Omaha until 1984, [28] later named chairman emeritus [29]
In 1964, the company officially became known as the Government Employees Hospital Association. In 2007, the organization changed its name to Government Employees Health Association. [citation needed] GEHA was one of the first insurance carriers eligible to provide coverage to federal employees under the Federal Employees Health Benefits Act of ...
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.
In 1985, The two companies merged into Associated Insurance Companies, Inc,, later called, The Associated Group, a holding company, but usage of the name "Anthem" persisted. [ 10 ] In 1989, the company purchased American General Insurance Co. for $150 million and in 1991, it acquired The Shelby Insurance Co., based in Shelby, Ohio , for $125 ...
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