Insurance Health Insurance

Blue Cross Blue Shield Definition

    History

    • Blue Cross began in 1929 in Dallas, Texas, as an organization meant to provide health care to teachers, while Blue Shield started in 1939 as a group of 5,000 doctors who provided health care to patients in California. In 1946, the Blue Cross Blue Shield Association formed.

    Identification

    • Rather than being one large company, Blue Cross Blue Shield consists of 39 independent insurance companies that operate under the common Blue Cross Blue Shield name.

    Size

    • Approximately 100 million people subscribe to Blue Cross Blue Shield, reports the company's website. Around 80 percent of physicians and 90 percent of hospitals accept Blue Cross Blue Shield insurance.

    Geography

    • Blue Cross Blue Shields offers health insurance in all 50 states as well as Puerto Rico.

    Fun Fact

    • Approximately one out of every three Americans is a Blue Cross Blue Shield subscriber, according to the company's official website.

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