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Blue Shield of California is a mutual benefit corporation and health plan [6] [7] founded in 1939 by the California Medical Association. It is based in Oakland , California, and serves 4.5 million health plan members and more than 65,000 physicians across the state.
It is projected that in fiscal year 2015, that Covered California will have a multimillion-dollar deficit. [24] The fiscal year 2015-2016 was the last year that Covered California used federal establishment funds. The government extended funding for that year and gave approximately $100 million.
Kaiser Permanente had about 50% of the market, followed by Blue Shield of California, Anthem Blue Cross, and Health Net (a subsidiary of Centene). [9] L.A. Care was among the top six in 2015, and the largest county-based insurer. [9] As of 2017, UnitedHealthcare was sixth-largest. [10]
Home & Garden. Lighter Side. Medicare
Here’s what you need to know as the deadline approaches.
Blue Shield was developed by employers in lumber and mining camps of the Pacific Northwest to provide medical care by paying monthly fees to medical service bureaus composed of groups of physicians. [9] [10] In 1939, the first official Blue Shield plan was founded in California. In 1948, the symbol was informally adopted by nine plans called ...
Blue Shield CEO Paul Markovich told Yahoo Finance in an exclusive interview that the new system, based on Salesforce's healthcare cloud system, aims to avoid the pitfalls faced by other insurers ...
L.A. Care is governed by a 13-member stakeholder Board of Governors representing consumers, community clinics, physicians, hospitals, federally-qualified health centers, children's health care providers, and the Los Angeles County Department of Health Services. Two of the seats are held by consumers who are elected by L.A. Care enrollees.
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