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Blue Cross and Blue Shield of Kansas City

From Wikipedia, the free encyclopedia

Blue Cross and Blue Shield of Kansas City
TypeNot-for-Profit
IndustryHealth Insurance
Founded1938[1]
HeadquartersKansas City, Missouri[2]
Area served
Kansas City metropolitan area
Key people
Erin Stucky (President and CEO)[3]
Number of employees
1,000 (2018)
Websitebluekc.com

Blue Cross and Blue Shield of Kansas City (Blue KC) is an independent licensee of the Blue Cross Blue Shield Association and a not-for-profit health insurance provider with more than one million members. Founded in 1938, Blue KC offers healthcare, dental, life insurance and Medicare coverage. Headquartered in Kansas City, Missouri, the company serves 30 counties in northwest Missouri, and Johnson and Wyandotte counties in Kansas.[4]

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Transcription

History

Originally named Blue Cross of Kansas City, the health insurance provider was established in 1938.[5] Kansas City Blue Shield was formed in 1943. In 1982, the Kansas City Blue Cross and Blue Shield Plans merged, creating Blue Cross and Blue Shield of Kansas City.[6]

In 2003, Kansas Insurance Commissioner Sandy Praeger denied a bid from Anthem (the fifth-largest US publicly traded health insurance company at the time) to purchase the company. Both companies sought legal recourse, arguing that the insurance commissioner had over-stepped the authority of the office. The Kansas Supreme Court heard the case and ruled that the state insurance commissioner has the authority to block such mergers and affirmed her ability to do so. Prior to the proposed merger, the company had lost 80,000 policy holders.[7]

From 2014 to 2018, Blue KC participated in the Affordable Care Act exchange. The company withdrew from the exchange in 2017 after reporting a $100 million loss.[8] In 2015, the company created the Blue KC Exchange, a private insurance exchange marketplace for small businesses.[9] Danette Wilson became the Blue KC's first female CEO in 2015. When she retired in 2019, Erin Stucky, a 25-year veteran of the company, succeeded her in the role.[2]

In November 2017, Blue KC launched Spira Care, a plan that combines primary care and health insurance.[10]

References

  1. ^ "Blue Cross and Blue Shield of Kansas City". Kansas City Business Journal. 9 February 2018.
  2. ^ a b Lieberman, Lily (10 January 2019). "Blue KC CEO Wilson will retire; another woman will succeed her". Kansas City Business Journal.
  3. ^ "Blue KC Leadership Team". Blue Cross and Blue Shield of Kansas City.
  4. ^ "About Us". The Blueprint. Blue Cross and Blue Shield of Kansas City.
  5. ^ "Blue KC History". Archived from the original on 2013-04-17.
  6. ^ "History of Blue Cross and Blue Shield Association – 1980s". Blue Cross and Blue Shield Association. Archived from the original on September 26, 2009.
  7. ^ "High court ends Blue Cross merger plans". Lawrence Journal World. August 7, 2003. Retrieved October 31, 2019.
  8. ^ Marso, Andy; Lowry, Bryan (24 May 2017). "Blue Cross and Blue Shield of KC is pulling out of Obamacare exchange in 2018". The Kansas City Star.
  9. ^ "Blue Cross and Blue Shield of Kansas City launches health exchange". Kansas City Business Journal. 16 November 2011.
  10. ^ Reuter, Elise (8 November 2017). "Blue KC plan cuts co-pays for doctor visits". Kansas City Business Journal.

External links

This page was last edited on 17 November 2023, at 19:49
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