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HCSC's revenue continues to be concentrated in Illinois and Texas, accounting for 83% of premium for the full year 2017. [3] In 2010 HCSC nearly doubled its income to $1.09 billion, and began "a streak of billion-dollar profits for 4 straight years". [7] Between 2009 and 2013, HCSC's five-year average of return on capital was 10.5%.
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.
A "cross-appeal" is an appeal brought by the respondent. For example, suppose at trial the judge found for the plaintiff and ordered the defendant to pay $50,000. If the defendant files an appeal arguing that he should not have to pay any money, then the plaintiff might file a cross-appeal arguing that the defendant should have to pay $200,000 ...
(The Center Square) – The Illinois Supreme Court is considering whether to find a state firearms statute prohibiting open carry unconstitutional in the case Illinois v. Tyshon Thompson. Thompson ...
The Blue Cross-Blue Shield Building. The Blue Cross-Blue Shield Building is an office building in Chicago, Illinois. The building is located at 55 W Wacker Drive in the Loop in Downtown Chicago. It was designed in a Brutalist style by C.F. Murphy Associates. The building opened in 1968 as the headquarters for BlueCross BlueShield of Illinois. [1]
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College football fans on social media took issue with ESPN's focus on Jones, as the Fighting Irish were largely dominant in the 23-10 victory. The Notre Dame defense recovered two Georgia fumbles ...