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The Canadian Association of Blue Cross Plans (CABCP; French: Association canadienne des Croix Bleue) is a federation of regional not-for-profit insurance providers in Canada. All providers that are members of CABCP, called "member plans", are independent entities which are overseen by the association to ensure consistent performance standards.
The Canassurance Hospital Service Association, also called Blue Cross Canassurance, is a not-for-profit health insurance provider in Canada. [2] It is a member of the Canadian Association of Blue Cross Plans, operating in Ontario under the brand Ontario Blue Cross and in Quebec as Québec Blue Cross (French: Croix Bleue du Québec).
This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife, Canada Life (subsidiary of Great-West Lifeco), Sun Life Financial, Desjardins, and IA Financial Group (aka Industrial Alliance). [1] [2] Smaller insurers include those operating as subsidiaries of banks, such as CIBC Insurance and TD Insurance. [2]
The Blue Cross name was introduced in Ontario in 1941 by the Ontario Hospital Association (OHA). Despite the Blue Cross plan being part of the Blue Cross movement, it remained an independent division of the OHA. The Blue Cross plan was backed by the Ontario government as a vehicle to pay for health care costs in hospitals in the province. [3]
Blue Cross Blue Shield (BCBS) is an association of insurance companies in the United States that offer Medicare Advantage in every state, Washington D.C., and Puerto Rico. Glossary of Medicare terms
Medavie Blue Cross (French: Croix Bleue Medavie) is a not-for-profit Canadian medical care insurance company headquartered in Moncton, New Brunswick.. Affiliated with the Canadian Association of Blue Cross Plans, Medavie Blue Cross traces its history to E.A. van Steenwyk's 1933 creation of the Hospital Service Association of Minnesota, which became known as Blue Cross.
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From its inception as a non-profit voluntary insurance plan, the Blue Cross Plan rose very fast, collecting 38% of Quebec's premiums in health insurance by 1950. It was the non profit purpose of Blue Cross that fueled its growth.