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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.
Mayor David Cicilline was optimistic at the prospect of retaining the 1100 employees in the city adding to the "economy and add to the life and vitality of our city", while the state's governor, Donald Carcieri, worried about the impact a move to occupy such expensive real estate would have on the premiums for the insurer's customers, since the first priority of the Blue Cross & Blue Shield ...
The exchange product became the basis for inter-carrier claims settlement between commercial insurance carriers and Blue Cross organizations. The founders of IMX were from top management at Humana , and top management of First Tennessee National Corp (now First Horizon).
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Blue Cross Blue Shield insurers offer some form of health insurance coverage in every U.S. state, and also act as administrators of Medicare in many states or regions of the United States, and provide coverage to state government employees as well as to federal government employees under a nationwide option of the Federal Employees Health ...
Hundreds of thousands of Rhode Island residents' personal and bank information, including Social Security numbers, were very likely hacked by an international cybercriminal group asking for a ...