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In 1992, WellPoint was formed to operate Blue Cross of California's managed care business. [25] In January 1993, Blue Cross of California spun off its managed care business into a publicly traded entity, WellPoint Health Networks Inc. Blue Cross of California retained an 80% interest and voting control. [26] [27]
It is projected that in fiscal year 2015, that Covered California will have a multimillion-dollar deficit. [24] The fiscal year 2015-2016 was the last year that Covered California used federal establishment funds. The government extended funding for that year and gave approximately $100 million.
Founded in 1948, [26] Arkansas Blue Cross Blue Shield (ABCBS) [27] is an independent licensee of the Blue Cross Blue Shield Association, and the largest healthcare provider in the state. [28] It donated $1.98 million to The Walton College of Business toward founding its Robert L. Shoptaw Master of Healthcare Business Analytics Program. [ 29 ]
Proposition 35 would permanently impose a tax on health insurance providers like Anthem Blue Cross and L.A. Care, known as managed care organizations, that provide or arrange services for a ...
Blue Shield of California is a mutual benefit corporation and health plan [6] [7] founded in 1939 by the California Medical Association. It is based in Oakland, California, and serves 4.5 million health plan members and more than 65,000 physicians across the state. Blue Shield of California was founded as a not-for-profit organization.
The Council for Affordable Quality Healthcare, Inc. (CAQH) is a non-profit organization [4] incorporated in California as a mutual benefit corporation. It was first incorporated under the name Coalition for Affordable, Quality Healthcare, Inc., and then renamed the Council for Affordable Quality Healthcare, Inc. on August 8, 2002.
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