Where did Blue Cross Blue Shield originate?
What we know of today as Blue Cross and Blue Shield plans were started by an experiment in Texas to provide increased hospital coverage to members of the community at an affordable rate. The first effort to confront the problems of access to health care through a nonprofit prepaid mechanism began in Dallas in 1929.
Who started Blue Shield?
California Medical Association
Blue Shield of California
|Type||Non-profit health plan (tax exempt status removed in 2014)|
|Founded||1938 (created) 1939 (incorporated)|
|Founder||California Medical Association|
|Headquarters||601 12th Street Oakland, California|
|Key people||Paul Markovich, President and chief executive|
When was Blue Shield created?
February 2, 1939
Blue Shield of California/Founded
Who introduced the first Blue Cross policy?
Justin Ford Kimball
The Blue Cross story began in 1929 when Justin Ford Kimball, an official at Baylor University in Dallas, introduced a plan to guarantee school teachers 21 days of hospital care for $6 a year. Other groups of employees in Dallas soon joined the plan and the idea quickly attracted nationwide attention.
Who created Blue Cross?
1929: Blue Cross Plans are established to provide pre-paid hospital care, based on a prototype developed at Baylor University in Dallas, Texas by Justin Ford Kimball.
What does a blue cross symbolize?
The shade of red on the cross symbolizes the blood that Jesus shed on Calvary. The blue represents the waters of baptism as well as the faithfulness of Jesus. The white represents Jesus’ purity….Christian Flag.
|Adopted||1897 (unofficial) 1942|
|Design||A white banner with a red Latin Cross charged upon a blue canton|
Is Empire Blue Cross Blue Shield the same as Anthem?
Anthem, Inc., is a provider of health insurance in the United States. It operates as Empire BlueCross BlueShield in New York State and as Anthem Blue Cross and Blue Shield in 10 states.
What type of insurance is Empire Blue Cross?
Empire BlueCross BlueShield is a plan (HMO and LPPO) with a Medicare contract. Empire BlueCross is an HMO DSNP plan with a Medicare contract and a coordination of benefits agreement with the New York State Department of Health. Empire BlueCross (Empire) is the trade name of Empire HealthChoice Assurance, Inc.
Is Blue Cross publicly traded?
Description. Empire Blue Cross Blue Shield is a subsidiary of publicly traded WellChoice. In 2005, the company agreed to merge with WellPoint , the largest health insurer in the United States. Based in Indianapolis, it is the parent company of Blue Cross and Blue Shield plans in 13 states. Founded in 1935, Empire Blue Cross Blue Shield has more…
Is Blue Cross Blue Shield a good insurance company?
Blue Cross Blue Shield, also called BCBS, is one of the largest health insurance companies in the world, and is a major employer in the United States. The company was founded in 1929, and has since grown to include 39 member companies all tied together under the BCBS partnership.
When was Blue Cross established?
It has been 92 years since Blue Cross Blue Shield Association was founded in 1929
Does Blue Cross Blue Shield have life insurance?
Blue Cross Blue Shield offers life insurance to be added onto a health insurance policy that was purchased from Blue Cross Blue Shield, in some states. The Life face amount offered to add onto the Health policy is fairly small and the type of coverage offered is Term Life insurance.