944:
936:
40:
150:
137:
116:
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resulted in the denial of Blue Shield's tax-exempt status. This was after "a lengthy state audit that looked at the justification for Blue Shield's taxpayer subsidy." Blue Shield holds billions in cash reserves and spends millions in executive pay. The organization defended its tax-exempt status, but
206:
Blue Shield of
California, then known as California Physicians' Service, was created by the California Medical Association in 1938. The organization was incorporated in 1939 and began offering coverage on March 6 of that same year. In 1946, the organization was among the founders of the National
198:, California, and serves 4.5 million health plan members and more than 65,000 physicians across the state. Blue Shield of California was founded as a not-for-profit organization. As of 2014, it is no longer tax-exempt in California and has been paying federal taxes for several years before that.
305:
In 2011, Blue Shield announced that it would cap its net income at no more than 2% of revenue, contingent on approval from the board of directors. As of 2019, more than $ 600 million has been returned to customers and the community as a result of the pledge.
806:
862:
237:. Blue Shield began offering information on benefits and enrollment on the Internet in 1996, and offering an online enrollment system for agents in 1998. In 1997, Blue Shield acquired the managed care company CareAmerica.
889:
498:
296:
In the
California Healthcare Quality Report Card 2009 Edition, Blue Shield of California received 3 out of 4 stars in Meeting National Standards of Care and 2 out of 4 stars in How Members Rate Their HMO.
1079:
233:
The Blue Cross of
California, which traditionally covered the hospital portion of insurance as a separate entity, went public in 1992 under the name Wellpoint, with the name later changing to
1064:
851:
1054:
309:
In 2014, Blue Shield of
California lost its exemption from California state corporate income tax. This information became public in March 2015. A claimed recent application of the
914:
469:
252:
of individual health plan coverage. Further, the organization reinstated coverage to 450 members whose plans had been canceled and agreed to provide compensation for any
426:
1059:
1049:
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263:, and Hill Physicians Medical Group formed an Accountable Care Organization that covers 41,000 individuals in the California Public Employees Retirement System (
978:
529:
245:
766:
744:
1069:
1074:
718:
285:
In 2019, Blue Shield of
California launched the healthcare company Altais. In 2020, Altais acquired the San Francisco practice Brown & Tolland.
745:"Accountable Care Organization Featuring Shared Global Risk Stimulates Development of Initiatives To Improve Care, Reduces Inpatient Use and Costs"
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268:
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1001:
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tier structure of its individual and family health care plans. In 2008, the organization settled for $ 3 million with the
293:
Blue Shield of
California's provider network currently includes 65,000 physicians and more than 340 hospitals statewide.
215:. By 1961, it had one million subscribers of its health plan. From 1966 to 2018, the organization was headquartered at
970:
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521:
249:
829:
722:
396:
337:
1006:
223:
212:
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In 2020, Blue Shield of
California reported $ 21.8 billion in revenue and $ 680 million in net income.
318:
that its actions align with such obligations. As a result, Blue Shield became a tax-paying nonprofit.
807:"In Northern California, Two Organizations Partner to Support Independent MD Practices Around Value"
195:
88:
39:
282:
in 2017. Care1st
California was renamed Blue Shield of California Promise Health Plan in 2019.
661:
599:
589:
558:
240:
In 2006, Blue Shield agreed to a $ 6.5 million settlement relating to allegedly modifying the
491:"Newsom Awarded the No-Bid Vaccine Contract to Blue Shield, a Trusted and Generous Supporter"
651:
234:
893:
216:
104:
598:. U.S. Department of Health, Education, and Welfare, Public Health Service. p. 103.
971:"With billions in the bank, Blue Shield of California loses its state tax-exempt status"
366:"With billions in the bank, Blue Shield of California loses its state tax-exempt status"
260:
767:"Blue Shield of California Closes on Acquisition of Care1st, Enters Medi-Cal/Medicaid"
1043:
886:
619:"Blue Shield to move headquarters from San Francisco to Oakland with massive lease"
253:
17:
187:
120:
603:
129:
822:"Blue Shield CEO explains plan to increase CA's vaccine doses to 4M per week"
278:
market by acquiring Care1st Health Plan. Blue Shield sold Care1st
Arizona to
310:
656:
639:
665:
279:
275:
522:"Blue Shield faces more heat over nonprofit status, $ 1.2-billion deal"
264:
780:
267:). During its first 2 years, this program reduced inpatient use and
211:. In 1950, the Blue Shield of California health plan began offering
887:
State of
California – Health Care Quality Report Card 2009 Edition
821:
241:
907:"Blue Shield of California to limit profit to 2% of revenue"
397:"Corporate History and Timeline – Blue Shield of California"
1032:
172:
1002:"California drops hammer on Blue Shield tax-exempt status"
50:
Non-profit health plan (tax exempt status removed in 2014)
747:. Agency for Healthcare Research and Quality. May 8, 2013
207:
Association of Blue Shield Plans, which later became the
256:
incurred by these policyholders due to the rescission.
553:
551:
549:
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719:"2 health insurers to pay $ 13M to Calif. regulators"
1080:
Medical and health organizations based in California
427:"Blue Shield of California Consolidated Financials"
167:
157:
144:
127:
110:
95:
82:
72:
62:
54:
46:
680:"Don't call us WellPoint, says newly named Anthem"
705:"Blue Shield of California: Acquires Careamerica"
1065:Financial services companies established in 1939
489:Young, Samantha; Hart, Angela (March 22, 2021).
421:
419:
417:
338:"Mission and Values – Blue Shield of California"
1055:Members of Blue Cross Blue Shield Association
8:
246:California Department of Managed Health Care
32:
721:. AP/Google. July 18, 2008. Archived from
360:
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38:
31:
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453:
451:
391:
389:
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314:failed to provide sufficient evidence to
640:"The economics of heart transplantation"
859:Blue Shield of California – News Center
781:"Care1st Health Plan Changing Its Name"
329:
1060:American companies established in 1939
209:Blue Cross and Blue Shield Association
1050:Health insurance in the United States
964:
962:
7:
868:from the original on October 6, 2019
484:
482:
259:In 2010, Blue Shield of California,
186:is a mutual benefit corporation and
981:from the original on March 18, 2015
947:from the original on April 18, 2020
905:Brown, Steven E.F. (June 7, 2011).
569:from the original on March 22, 2006
501:from the original on March 23, 2021
248:to resolve allegations of improper
27:American mutual benefit corporation
917:from the original on June 10, 2011
832:from the original on March 3, 2021
475:from the original on May 12, 2021.
228:Stanford University Medical Center
25:
1070:1939 establishments in California
596:American Journal of Public Health
594:. Vol. 1. Reprints from the
532:from the original on June 6, 2015
274:In 2015, Blue Shield entered the
1075:Companies based in San Francisco
1000:Seipel, Tracy (March 19, 2015).
969:Terhune, Chad (March 18, 2015).
638:Evans, Roger W. (January 1987).
559:"Corporate History and Timeline"
149:
148:
136:
135:
115:
114:
624:American City Business Journals
520:Terhune, Chad (June 6, 2015).
316:California Franchise Tax Board
192:California Medical Association
77:California Medical Association
1:
911:San Francisco Business Times
617:Li, Roland (March 8, 2017).
588:Dickinson, Frank G. (1964).
820:Pena, Luz (March 3, 2021).
222:In 1984, it began covering
1096:
591:Medical Care in Transition
941:Blue Shield of California
563:Blue Shield of California
466:Blue Shield of California
434:Blue Shield of California
184:Blue Shield of California
37:
33:Blue Shield of California
140:$ 680 million USD (2020)
190:founded in 1939 by the
892:July 19, 2011, at the
657:10.1161/01.CIR.75.1.63
565:. September 12, 2011.
224:heart transplantations
1007:San Jose Mercury News
785:L.A. Care Health Plan
213:catastrophic coverage
809:. November 25, 2020.
787:. December 13, 2018
159:Number of employees
68:1939 (incorporated)
34:
18:Care1st Health Plan
826:ABC7 San Francisco
219:in San Francisco.
153:4.5 million (2021)
975:Los Angeles Times
684:Indianapolis Star
526:Los Angeles Times
370:Los Angeles Times
269:health care costs
194:. It is based in
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16:(Redirected from
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217:50 Beale Street
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119:$ 21.8 billion
105:chief executive
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101:Paul Markovich,
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86:601 12th Street
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1025:External links
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769:. Blue Shield.
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1011:. Retrieved
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983:. Retrieved
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949:. Retrieved
940:
937:"Financials"
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919:. Retrieved
910:
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870:. Retrieved
858:
852:"Fact Sheet"
846:
834:. Retrieved
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789:. Retrieved
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749:. Retrieved
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723:the original
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525:
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503:. Retrieved
494:
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459:"Fact sheet"
438:. Retrieved
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404:. Retrieved
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376:September 1,
374:. Retrieved
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345:. Retrieved
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173:blueshieldca
163:7,500 (2021)
91:, California
83:Headquarters
47:Company type
29:
644:Circulation
226:offered at
188:health plan
1044:Categories
604:1012029666
325:References
250:rescission
130:Net income
97:Key people
58:Healthcare
1013:March 19,
872:April 30,
836:April 30,
650:(1): 73.
406:March 17,
347:March 17,
311:duck test
301:Financial
979:Archived
945:Archived
943:. 2020.
915:Archived
890:Archived
863:Archived
830:Archived
791:June 21,
729:July 18,
567:Archived
530:Archived
499:Archived
470:Archived
468:. 2021.
280:WellCare
276:Medicaid
55:Industry
689:May 24,
666:3098447
289:Network
265:CalPERS
202:History
196:Oakland
168:Website
145:Members
111:Revenue
89:Oakland
73:Founder
63:Founded
985:May 7,
951:May 7,
921:May 7,
751:May 9,
664:
602:
573:May 3,
536:May 7,
505:May 7,
440:May 7,
436:. 2020
235:Anthem
123:(2020)
866:(PDF)
855:(PDF)
473:(PDF)
462:(PDF)
430:(PDF)
1015:2015
987:2021
953:2021
923:2021
874:2021
838:2021
793:2019
753:2013
731:2008
691:2019
662:PMID
600:OCLC
575:2021
538:2021
507:2021
495:KQED
442:2021
408:2016
378:2016
349:2016
242:risk
175:.com
652:doi
121:USD
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1004:.
977:.
973:.
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