Thursday, October 27, 2011

Blue Cross and Blue Shield Association-US


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The Blue Cross Blue Shield Association (BCBSA) is a federation of 38 separate health insurance organizations and companies in the United States. Combined, they directly or indirectly provide health insurance to over 99 million Americans. The history of Blue Cross dates back to 1929, while the history of Blue Shield dates to 1939. The Blue Cross Association dates back to 1960, while its Blue Shield counterpart was actually created in 1948. The two organizations merged in 1982, forming the current association.

Type Independent
Industry               Health insurance
Founded              1929
Headquarters    Chicago, Illinois
Key people         Scott Serota, President and CEO
Products              PPOs, HMOs
Revenue              $320.5 million US$ (2008)
Employees          880 (2008)
Website               bcbs.com