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From 2014 to 2018, Blue KC participated in the Affordable Care Act exchange. The company withdrew from the exchange in 2017 after reporting a $100 million loss. [8] In 2015, the company created the Blue KC Exchange, a private insurance exchange marketplace for small businesses. [9] Danette Wilson became the Blue KC's first female CEO in 2015.
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.
Patrick H. Conway, president and chief executive officer of Blue Cross Blue Shield of North Carolina from 2017 to 2019 [24] until his resignation following an arrest for DWI and child abuse [25] J. Patrick Rooney, chairman, president, and chief executive officer of Golden Rule Insurance Company until his retirement in 1996 [26]
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This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
Bynum eventually began working for Center for Community Self-Help, helping to build the new business with the help of a $77 loan from local manufacturing workers. [1] [2] His desire to work in the credit union industry was inspired by Bynum's grandmother, who used to bank at a credit union which provided banking services to Black community members out of the garage of Bynum's high school ...