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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.
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 U.S. health insurance, a preferred provider organization (PPO), sometimes referred to as a participating provider organization or preferred provider option, is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at ...
The Blue Cross Blue Shield Tower (BCBS) is on the north end of Millennium Park along E. Randolph Street at the NE corner of Randolph and Columbus Drive, in Chicago, Illinois, United States. It is home to the headquarters of Health Care Service Corporation .
Illinois_v17.eps; Date and time of digitizing: 04:29, 15 March 2007: Software used: Adobe Illustrator(R) X: File change date and time: 04:29, 15 March 2007: Conversion program: Acrobat Distiller 7.0.5 (Windows) Encrypted: no: Page size: 1386.53 x 2083.98 pts: Version of PDF format: 1.4
This was the origin of Blue Cross. Around 1939, state medical societies created Blue Shield plans to cover physician services, as Blue Cross covered only hospital services. These prepaid plans burgeoned during the Great Depression as a method for providers to ensure constant and steady revenue. In 1970, the number of HMOs declined to fewer than 40.
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Use a different map base that distinguishes between adjacent counties. 20:48, 19 April 2013: 3,453 × 6,157 (84 KB) Dewclouds: Fixed typo in source to add Randolph County. 18:58, 24 February 2007: 3,453 × 6,157 (84 KB) Dual Freq: This is a map highlighting Illinois counties without township government (Precincts not townships).