Blue Shield of California accrued a surplus of more than $4 billion over the decades as it benefited from its former tax-exempt status, according to a regulatory filing. Above, the insurer's former ...
Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...
A $2.8 billion settlement has been reached in the latest update of a Blue Cross Blue Shield Association (BCBSA) antitrust lawsuit. The latest settlement explicitly relates to health care providers, ...
Blue Cross Blue Shield of Texas will no longer cover medical services through one of North Texas' largest health care networks, according to a statement from the insurance provider. Contracts between ...
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Blue Shield of California’s move to establish a new parent corporation in Delaware has raised alarm among a former high-level Blue Shield executive and consumer advocates. They say that it was carried ...