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As Highmark Blue Shield, it is available in 21 counties in Central Pennsylvania and the Lehigh Valley. It also has a presence in the border areas of eastern Ohio, and all of West Virginia through its subsidiary, Highmark Blue Cross Blue Shield West Virginia. Highmark acquired Blue Cross of Northeastern Pennsylvania, BCNEPA, in June 2015. [4] [5]
The settlement ended litigation that began in 2013 when a class-action antitrust lawsuit was filed against more than 35 Blue Cross Blue Shield health insurance plans, including Highmark.
In June 2011, the boards that led Highmark Inc. and West Penn Allegheny Health System announced a “capital partnership” in which Highmark would invest $475 million in WPAHS, including an upfront $50 million payment that kept the doors open at West Penn Hospital. [100] In 2013, the proposed acquisition became official. [2]
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 to more than 115 million people in the U.S. as of 2022.
Bankrate’s take:Many insurance companies will also offer a small discount for drivers who set up autopay.So, in addition to making sure you won't accidentally miss a payment, your premium may be ...
Because of this competitive threat, UPMC declared they would not accept Highmark Blue Cross Blue Shield Insurance. [170] In order to protect public access to health care while agreements between the two systems unwound, both UPMC and Highmark Health accepted a state-brokered consent decree. [171]
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.
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 ...