Tags: Cord Blood America, Healthcare Plan News, Independence Blue Cross
Cord Blood America Marks 10th Anniversary of First in Nation Cord Blood Banking Services Between CorCell and Independence Blue Cross
Cord Blood America, Inc. (BULLETIN BOARD: CBAI) , the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com/ ) focused on bringing the life saving potential of stem cells to families nationwide and internationally, has announced that CorCell, Philadelphia, Pa., whose operating entity and assets were recently purchased by the Company, is now celebrating the 10th anniversary of its marketing alliance with Independence Blue Cross (IBC), the Philadelphia region’s largest provider of health care benefits.
CorCell is a national leader in private family cord blood banking. It is the fourth largest private umbilical cord blood bank in the U.S. Cord blood stem cells may be used today to treat more than 70 diseases including leukemia, severe anemia, metabolic blood disorders and immune deficiencies with many additional uses currently under investigation in clinical trials. Previously the umbilical cord, which contains a rich store of stem cells, had been thrown away at birth.
Independence Blue Cross is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.
About Cord Blood America
Cord Blood America (BULLETIN BOARD: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about cord blood banking, visit our website at http://www.corcell.com/. For investor information on Cord Blood America, Inc. (BULLETIN BOARD: CBAI) , visit http://www.cordblood-america.com/.
About Independence Blue Cross
Independence Blue Cross is the leading health insurer in southeastern Pennsylvania. Nationwide, IBC and its affiliates provide coverage to nearly 3.4 million people. For nearly 70 years, Independence Blue Cross has offered quality health care products and services tailored to meet the changing needs of members, employers, groups, and providers.
Independence Blue Cross’s HMO and PPO health care plans recently received the highest ratings from the National Committee for Quality Assurance. In addition, in 2005, Independence Blue Cross’s Personal Choice was rated the No. 1 PPO in the nation and its Keystone Health Plan East HMO plan was ranked the No. 1 HMO in the region by health care consumers in a leading independent consumer magazine.
Independence Blue Cross and Keystone Health Plan East are independent licensees of the Blue Cross Blue Shield Association.
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