The Blue Cross Story
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The Blue Cross and Blue Shield Association is the biggest private wellness insurance method in the United States (which includes Puerto Rico) and Canada. It is composed of 55 independent, locally operated Blue Cross and Blue Shield Plans that collectively offered well being care coverage to over 88 million individuals in 2003.
For its beginnings we need to go back to 1929 to a man namedJustin Ford Kimball when he became vice president of Baylor University in Dallas, Texas. He was an experienced administrator, as he headed the College of Medicine, School of Nursing, College of Dentistry, and the university hospital.
Soon after taking the job, he created a well being plan that guaranteed teachers 21 days of hospital care for 50 cents amonth. Discover further about http://markets.financialcontent.com/streetinsider/news/read/37415311 by going to our great website. The strategy soon spread to other employee groups in Dallas, and then comparable plans began to crop up nation-wide.
Meanwhile, around the identical time that Kimball was making his plan, the Blue Shield notion was becoming popular in the lumber and mining camps of the Pacific Northwest.
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