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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.
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.
A formulary is a list of pharmaceutical drugs, often decided upon by a group of people, for various reasons such as insurance coverage or use at a medical facility. [1] Traditionally, a formulary contained a collection of formulas for the compounding and testing of medication (a resource closer to what would be referred to as a pharmacopoeia ...
BlueCross was founded in 1945 when Roy McDonald saw the need to establish a payment system that would benefit Erlanger Hospital, now the Erlanger Health System. [2]On October 2, 2009, 57 computer hard drives were stolen from Blue Cross, some containing Social Security numbers, birth dates, addresses and medical information.
The Hawaii Medical Service Association (HMSA) is a member of the Blue Cross Blue Shield Association, an association of independent medical insurance providers. A nonprofit, mutual benefit association founded in 1938, HMSA covers more than half of the state’s population.
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Here are the steps for taking the liquid form of metformin: Measure the liquid. You can use a marked measuring spoon, a medicine cup or an oral syringe. Avoid using a teaspoon from your kitchen ...