Like other insurances, Blue Cross plans are funded, in the first instance, by the premiums paid by contract holders. Additional money is realized by earnings on investments that the entity makes with currently-unused premium dollars.
For the most part, states regulate the rates that insurers, including the Blue Cross entities, may charge. A "rate" is an amount of money per unit of insurance, and the ultimate premium is derived from the rate. The state insurance regulator is concerned both that the insurer does not charge an excess amount as the rate/premium, but also, that a sufficient amount is charged to pay anticipated claims.
Likewise, the insurance regulator limits the range of acceptable investments to conservative ones to guard against investment losses.
AnswerGenerally yes but self-funded policies might not.
The population of Blue Cross Blue Shield of Massachusetts is 3,600.
Blue Cross Blue Shield of Massachusetts was created in 1988.
The population of Blue Cross Blue Shield Association is 2,008.
The population of Blue Cross Blue Shield Association is 880.
Blue Cross Blue Shield Association was created in 1929.
There are several ways that someone can sign-up for Blue Cross Blue Shield coverage. Some employer's offer Blue Cross Blue Shield insurance coverage, you can also visit the direct website for Blue Cross Blue Shield.
I have blue cross blue shield and I heard that they have this program.
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The Blue Cross and Blue Shield Association has a total of 38 independent and locally operated Blue Cross and Blue Shield companies. This association owns the Blue Cross and Blue Shield names and trademarks in over 170 countries.
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