|By PR Newswire||
|January 9, 2014 07:00 AM EST||
GeoBlue, an international health insurance product offered in the U.S. via the BCBS network, to be expanded.
CHICAGO and LONDON, Jan. 9, 2014 /PRNewswire-USNewswire/ -- The Blue Cross Blue Shield Association (BCBSA) and Bupa today announced a strategic global partnership that will create the largest healthcare provider network in the world for international health insurance customers. The U.K.-headquartered international healthcare company Bupa, and the largest U.S.-based health insurance group the Blue Cross and Blue Shield (BCBS) system, are teaming up to expand GeoBlue, the global health insurance product offered in the U.S. under the Blue Cross Blue Shield Brands.
The partnership includes Bupa's purchase of a 49 percent stake in Highway to Health, Inc. (HTH)*, which sells and administers the GeoBlue international health insurance products. BCBSA and a group of BCBS companies continue to own the remaining 51 percent.
Launching later this year, the partnership will create the largest global healthcare provider network, combining the BCBS network in the U.S., and GeoBlue's and Bupa's global networks, totaling more than 11,500 hospitals and approximately 750,000 medical professionals in more than 190 countries. Bupa and BCBS companies will also develop new insurance products offered through GeoBlue, which will be available to customers and employers for coverage in 2015.
"I'm delighted Bupa has joined forces with Blue Cross and Blue Shield organizations – this is the biggest partnership the international health insurance market has ever seen," said Robert Lang, managing director of the Bupa Global Market Unit. "We know that people are becoming increasingly globally mobile – either to live, study or simply travel abroad for long periods of time – and travel insurance doesn't always provide the coverage they need or expect. We're responding by creating the biggest global provider network for people who require international health coverage, and other propositions will follow later this year."
"Blue Cross Blue Shield and Bupa are two of the most respected names in healthcare and we will work together to offer the best solution for individuals and organizations by providing access to healthcare around the world," said Scott P. Serota, CEO of the Blue Cross and Blue Shield Association. "We live in a global village, with millions of consumers going abroad for extended periods of business, leisure and study. Travelers around the world can now benefit from the security and stability that Blue Cross and Blue Shield members have long relied on."
"It's tremendous to have two global health heavyweights – Bupa and Blue Cross and Blue Shield organizations – invest in us to develop and grow GeoBlue," said Angelo Masciantonio, co-founder and CEO of HTH. "Combining HTH's leading technologies with the strong Blue Cross Blue Shield and Bupa brands and the breadth of their provider networks creates a compelling, extremely competitive offering in the global health marketplace."
About Blue Cross and Blue Shield Association
The Blue Cross and Blue Shield Association is a national federation of 37 independent, community-based and locally-operated Blue Cross and Blue Shield companies that collectively provide healthcare coverage for nearly 100 million members – one-in-three Americans. For more information on the Blue Cross and Blue Shield Association and its member companies, please visit bcbs.com. We encourage you to connect with us on Facebook, check out our videos on YouTube, follow us on Twitter and check out The BCBS Blog, for up-to-date information about BCBSA.
Bupa Group's purpose is longer, healthier, happier lives. A leading international healthcare group, Bupa serves over 14 million customers in total. As a Group, Bupa offers personal and company-financed health insurance and medical subscription products, runs hospitals, provide workplace health services, home healthcare, health assessments and chronic disease management services. Bupa is also a major international provider of nursing and residential care for elderly people.
Bupa Global Market Unit is the international health insurance division of Bupa. It offers a wide range of international health insurance plans for individuals, families and businesses, with a current customer base of approximately 800,000 people in more than 190 countries. With no shareholders, Bupa invests its profits to provide more and better healthcare and fulfil its purpose. Bupa employs more than 62,000 people, principally in the UK, Australia, Spain, Poland, New Zealand and the USA, as well as Saudi Arabia, Hong Kong, India, Thailand, China and across Latin America. For more information, visit www.bupa.com.
Established in 1997, Highway to Health was founded on a simple premise. What good is health insurance if you can't find a doctor you can trust? Today, Highway to Health is the parent company of HTH Worldwide, Worldwide Insurance Services, and HTH Re. Through these companies, HTH provides globally mobile populations with the peace of mind that comes from being able to quickly access and pay for the highest-quality healthcare services anywhere in the world. HTH encompasses up-to-date health and safety information and databases, accessible through cutting-edge mobile and online tools, and unsurpassed assistance services. Worldwide Insurance Services also maintains a portfolio of global health insurance plans under the trade name GeoBlue. For more information, visit: www.highwaytohealth.com; www.geo-blue.com; www.geobluetravelinsurance.com.
*Highway to Health, Inc. (HTH) is the parent company of Worldwide Insurance Services, a subsidiary that is the entity that sells and administers the GeoBlue international health insurance products. The license to sell Blue Cross Blue Shield Branded products belongs to Worldwide Insurance Services.
SOURCE Blue Cross and Blue Shield Association
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Aug. 29, 2016 03:00 AM EDT Reads: 2,401
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Aug. 29, 2016 02:15 AM EDT Reads: 1,820
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Aug. 29, 2016 02:15 AM EDT Reads: 2,205
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 29, 2016 01:45 AM EDT Reads: 2,174
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 29, 2016 01:15 AM EDT Reads: 3,012
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Aug. 29, 2016 01:00 AM EDT Reads: 2,230
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 29, 2016 12:00 AM EDT Reads: 1,894
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Aug. 28, 2016 11:15 PM EDT Reads: 2,153
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 28, 2016 10:30 PM EDT Reads: 4,061
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 28, 2016 08:30 PM EDT Reads: 1,845
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Aug. 28, 2016 08:15 PM EDT Reads: 1,957
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 28, 2016 07:30 PM EDT Reads: 717
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 28, 2016 06:30 PM EDT Reads: 1,638
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Aug. 28, 2016 06:00 PM EDT Reads: 1,949
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 28, 2016 05:30 PM EDT Reads: 798