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In June 1998, Blue Cross of Washington and Alaska merged with Spokane's Medical Service Corporation under the name Premera Blue Cross. [4] In 2002, Premera's executives first informed Washington commissioner Mike Kreidler of their intent to convert from a non-profit to a for-profit joint-stock company. [5]
The Seattle Times noted in 2012 that non-profit insurance companies, including Premera Blue Cross, Regence BlueShield, and Group Health, were stockpiling billions of dollars in reserves while increasing their rates at the same time. [10] On December 4, 2015, it was announced that Group Health would be acquired by Kaiser Permanente. [2]
This is a list of large or well-known interstate or international companies headquartered in the Seattle metropolitan area.. As of December 2021, the Seattle metropolitan area is home to ten Fortune 500 companies: Internet retailer Amazon (#2), Costco Wholesale (#12), Microsoft (#15), coffee chain Starbucks (#125), Paccar (#159), clothing merchant Nordstrom (#289), Weyerhaeuser (#387 ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
The Exchange sustainability is tied to three funding sources established in statute: (1) the existing 2 percent tax on health insurance premiums sold through Washington Healthplanfinder; (2) reimbursement for activities performed on behalf of Washington Apple Health (the state's Medicaid program), and; (3) an agreed upon carrier assessment. The ...
Rather than receiving 50% of your spouse’s full retirement age benefit of $2,000, or $1,000 per month, you would only receive $700, or 50% of your spouse’s reduced $1,400 payout.
If you file early, your spousal benefit will be reduced When you're claiming Social Security based on your own earnings record, the earliest age to file is 62. And the same holds true for spousal ...
The average spouse of a retired worker collects just over $900 per month, according to data from the Social Security Administration from August 2024, so it pays to take advantage of this type of ...