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The funds come from the Michigan Health Endowment Fund created in 2013 and requires Blue Cross Blue Shield of Michigan to contribute "up to $1.56 billion over 18 years to a health endowment fund that benefits Michigan residents". [9] In 2023, Blue Cross Blue Shield of Vermont merged into Blue Cross Blue Shield of Michigan. [10]
On October 2, 2009, 57 computer hard drives were stolen from Blue Cross, some containing Social Security numbers, birth dates, addresses and medical information. Some of them contain Social Security numbers, birth dates, addresses and medical information. [3] In 2012, the company was fined $1.5 million over the data breach. [4]
[5]: 2 In January 2009, Cahaba won a US$335 million 5-year contract with the CMS to administer Medicare insurance in 3 more states besides Alabama, Georgia, Tennessee and in Mississippi for part B Medicare. [5] /: 2 The contract's full name is 'Jurisdiction 10 (J10) A/B Medicare Administrative Contract'. Cahaba also provides Regional Home ...
How to get a Medicare flex card If you don’t currently have this benefit and want it, you may have to change plans. Look for available Medicare Advantage plans in your area.
HCSC was formerly known as Hospital Service Corporation and changed its name to Health Care Service Corporation in 1975. 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 ...
In 1995, The Associated Group acquired Community Mutual Insurance, a provider of Blue Cross and Blue Shield insurance plans in Ohio with over 1.9 million policy holders), then set up Anthem Blue Cross and Blue Shield.
Kansas City Blue Shield was formed in 1943. In 1982, the Kansas City Blue Cross and Blue Shield Plans merged, creating Blue Cross and Blue Shield of Kansas City. [6] In 2003, Kansas Insurance Commissioner Sandy Praeger denied a bid from Anthem (the fifth-largest US publicly traded health insurance company at the time) to purchase the company ...
In the 1960s, the U.S. government chose to partner with Blue Cross and Blue Shield companies to administer Medicare. [10] 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.