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Blue Cross and Blue Shield of Alabama (BCBSAL) is a nonprofit health insurance company headquartered in Birmingham, Alabama. The company was founded in 1936, provides coverage to more than 3 million people and is a member of the Blue Cross and Blue Shield Association (BCBS). BCBSAL employs nearly 5,000 people, which includes almost 3,500 people ...
Website. www.bcbs.com. Blue Cross Blue Shield Association, also known as BCBS, BCBSA, or The Blues, is a United States –based federation with 33 independent and locally-operated BCBSA companies that provide health insurance in the United States to more than 115 million people as of 2022. [2][3] It was formed in 1982 from the merger of its two ...
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 ...
Mutual Savings Life provides life insurance products, annuities, and other insurance products to individuals and businesses. Founded in 1927 in Decatur, Alabama, Mutual Savings is owned by Primesco, a company founded for the purpose of acquiring Mutual Savings. In April 2008, Primesco was acquired by Unitrin and the Mutual Savings policies are ...
United Investors Life Insurance Company (UILIC), based in Birmingham, Alabama, provides individual life insurance and annuity products. United Investors was founded in 1961. [1] UILIC has more than $14 billion of insurance in force (as of 7/10). There are more than 150,000 policies in force and more than 1,400 licensed Agents nationwide.
ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with ...
The rate of increase in both health insurance premiums and out-of-pocket costs have declined in the employer-based market. For example, premiums increased at an annual rate of 5.6% from 2000-2010, but 3.1% from 2010-2016. An estimated 155 million persons under the age 65 were covered under health insurance plans provided by their employers in 2016.
Medicare is a federal health insurance program in the United States for people age 65 or older and younger people with disabilities, including those with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). It set off in 1965 under the Social Security Administration and is now administered by the Centers for ...
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