Advertisement
Advertisement
Blue Shield
Example Sentences
Overwhelmingly, the youth of Generation Z — a group ranging from teens to 25-year-old adults — report mental health challenges, according to a recent poll from Blue Shield of California and the youth advocacy and policy group Children Now.
In the Jan. 8 announcement of its restructuring, Blue Shield also disclosed that it was forming a for-profit subsidiary called Stellarus that would provide services to other health plans, such as delivering drugs to patients more inexpensively than pharmacy benefit managers.
Ascendiun is structured as a nonprofit and Blue Shield and the company’s Medi-Cal insurer, Blue Shield of California Promise Health Plan — the former Care1st — also would continue as nonprofits, the insurer said at the time.
“This structure is not uncommon among health plans, as many across the country — including other nonprofit Blue Cross and Blue Shield companies — have made similar corporate reorganizations to better serve their membership,” the insurer said in its statement to The Times.
Blue Shield was established in 1939 by the California Medical Assn. as the nation’s first prepaid health plan to cover physician bills.
Advertisement
Advertisement
Advertisement
Advertisement
Browse