BOSTON, April 4, 2019 /PRNewswire/ — Blue Cross Blue Shield of Massachusetts announced today the not-for-profit has received a Blue Cross Blue Shield Association Brand Excellence Award for its ongoing work to combat the opioid epidemic, one of the nation’s most significant public health challenges. [Read more…]
Blue Cross and Blue Shield of Texas (BCBSTX) has reached an agreement with Baylor Scott & White Quality Alliance (BSWQA), Baylor Scott & White’s accountable care organization (ACO) to deliver high-quality and lower cost care to more than 140,000 BCBSTX members in North and Central Texas. [Read more…]
One million Blue Cross and Blue Shield (BCBS) members across the country are now realizing more savings through Blue365, the Blue Cross Blue Shield Association’s (BCBSA) exclusive health and wellness discount program, available to members of participating BCBS companies. Blue365 provides a trusted, convenient resource to get exclusive deals on a variety of unique and diverse products from top health and wellness brands that help BCBS customers take control of their health and personal well-being – 365 days a year.
For the second year in a row, Blue Cross Blue Shield of Massachusetts (Blue Cross) was named a top-rated health plan in the country, according to the nation’s experts on health plan quality. [Read more…]
In anticipation of Hurricane Irma, Blue Cross Blue Shield of Massachusetts (BCBSMA), Inc. is expediting access to care for members who live in Florida. [Read more…]
Andrew Dreyfus, President & CEO of Blue Cross Blue Shield of Massachusetts, released the following statement on the amended Better Care Reconciliation Act proposed by the U.S. Senate: [Read more…]
RICHARDSON, Texas, June 1, 2017 /PRNewswire-USNewswire/ — Blue Cross and Blue Shield of Texas (BCBSTX) announced today it has acquired certain Medicare Advantage and commercial group membership from Allegian Health Plans (AHP), a wholly-owned managed care subsidiary of Tenet Healthcare (NYSE: THC). [Read more…]
Blue Cross Blue Shield of Massachusetts (Blue Cross), Inc. and Blue Cross Blue Shield of Massachusetts HMO Blue, Inc. announced first quarter 2017 financial results today and reported a combined after-tax net income of $27.6 million (1.5% net margin) on revenue of $1.86 billion. The results reflect an operating income of $11.4 million (0.6% operating margin) and investment income of $11.3 million. Blue Cross is the leading private health plan in Massachusetts with 2.8 million members.
Blue Cross Blue Shield of Massachusetts (Blue Cross) has received top honors from the U.S. Green Building Council (USGBC) for the design of our corporate headquarters at 101 Huntington Avenue. This makes it largest project in New England and 12th largest in the nation by square footage to be LEED® Platinum certified out of nearly 3,300 projects. We received our LEED Platinum certification using LEED CIv2009 – Commercial Interiors criteria. [Read more…]
Blue Cross and Blue Shield of Minnesota and its family of companies (Blue Cross) today announced audited financial results for 2016. Blue Cross ended the year with a net operating loss of $322.4 million on full-year revenues of $12.1 billion, for a negative operating margin of 2.7% and a pre-tax net loss of $194.4 million. For the year, $11.1 billion of medical claim payments were incurred which represented 92 cents of every premium dollar going directly to cover health care costs. Additionally, total member enrollment grew from 2.75 million to 2.9 million members. [Read more…]