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Blue Cross of Montana merging with fourth-largest health insurer in nation
September 17, 2012 /
Blue Cross Blue Shield of Montana, the state’s dominant private health insurer, announced Monday it will be bought by the fourth largest health-insurance company in the nation — yet still remain as a nonprofit firm with a state focus.
Blue Cross said it will become part of Health Care Service Corp., a coalition of Blue Cross/Blue Shield plans in Texas, Illinois, Oklahoma and New Mexico. The company, headquartered in Chicago, has more than 13 million customers.
Montana’s Blue Cross plan is the largest private health insurer in the state, with about 270,000 "members" or customers.
By MIKE DENNISON Gazette State Bureau
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Posted in: Montana Business
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