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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.
Meaning Origin language and etymology Example(s) -iasis: condition, formation, or presence of Latin -iasis, pathological condition or process; from Greek ἴασις (íasis), cure, repair, mend mydriasis: iatr(o)-of or pertaining to medicine or a physician (uncommon as a prefix but common as a suffix; see -iatry)
In January 2016, Horizon BCBS announced their newest endeavor to improve care quality and lower costs through their Omnia Health Alliance. [ citation needed ] The new Omnia health insurance plans provide access to all of Horizon's network hospitals with some of them being designated as Tier 1 with greater cost savings for consumers.
BCBS may refer to: The Basel Committee on Banking Supervision; The Blue Cross Blue Shield Association; Bishop Cotton Boys' School, in Bangalore, India; Bounds Check Bypass Store, a Spectre-NG class security vulnerability
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Highmark was created in 1977 and in the 1990s by the consolidation of two Pennsylvania licensees of the Blue Cross and Blue Shield Association — Pennsylvania Blue Shield (now Highmark Blue Shield) based in suburban Harrisburg, and Blue Cross of Western Pennsylvania based in downtown Pittsburgh (now Highmark Blue Cross/Blue Shield).
The company was founded in 1936 and is based in Chicago, Illinois with a network of offices in the United States. Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states. It concentrates its operations in Illinois, Montana, New Mexico, Oklahoma, and Texas.