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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.
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]
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]
Empire Healthchoice Assurance, Inc. was a health insurance company that sued the estate of a deceased federal employee who received $157,000 in insurance benefits as the result of an injury. The wife of this federal employee had won $3.2 million in a separate lawsuit from those who she claimed had caused her husband's injuries.
It also houses the corporate headquarters of Empire Blue Cross Blue Shield (part of Anthem), [17] Investment Technology Group, and insurance companies Arch Insurance Group, Sirius America, Mutual of America, Swiss Re, Generali, and Allianz and its subsidiaries Fireman's Fund and Interstate/Chicago. [18]
He served at Empire Blue Cross Blue Shield from 1999 to 2002, where he joined in 1999 as chief operating officer and served as its president since 2001. He became executive vice president and chief operating officer of WellChoice (now part of Anthem ) from 1999 to 2001.
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