Welcome!

News Feed Item

Blue Cross Blue Shield of Michigan reflects on 75 years by focusing on the future

DETROIT, March 7, 2014 /PRNewswire/ -- Blue Cross Blue Shield of Michigan reaches a milestone on March 8, celebrating its 75th year as a nonprofit health insurer.

"Our company is 75, but we're not acting our age by any means," said Daniel J. Loepp, president and CEO of BCBSM. "We're a modern, dynamic company prepared to serve and guide our stakeholders as health care transforms under the Affordable Care Act.  Our stakeholders benefit from Blue Cross' experience and strong Michigan roots – given our deep relationships with doctors and hospitals across the state, and our history of engagement within Michigan's diverse communities."

BCBSM began when Michigan hospitals formed Blue Cross and a group of doctors affiliated with the Michigan State Medical Society started Blue Shield. The two entities joined together in the 1970s.  Today, BCBSM and its HMO subsidiary, Blue Care Network, provide health coverage to 4.45 million members in Michigan and hundreds of thousands who work for Michigan companies but reside in other states.

Since 1980, the company has served as Michigan's "insurer of last resort," a safety-net role defined by BCBSM's unique approach to providing health coverage to all Michigan residents regardless of pre-existing health condition, and guaranteeing the renewability of that coverage.  The company transitioned to become a nonprofit mutual insurance company on Dec. 31, 2013.  As part of that transition, BCBSM will contribute $1.56 billion over 18 years, beginning in 2014, to the independent Michigan Health Endowment to sustain the company's nonprofit social mission.

"Our character as a nonprofit organization remains our guiding force, despite the changes that have taken place over our history and our growth as a business," Loepp said.  "Blue Cross strives to keep our margins very low on health insurance, maximize revenue from subsidiary companies and investments to take pressure off health insurance premiums, and contribute in substantial ways to the public good in Michigan."

Today, BCBSM is a $21.3 billion enterprise – including Detroit-based BCBSM, Southfield-based BCN, Lansing-based workers' compensation firm Accident Fund Holdings, and Brighton-based long-term care insurer LifeSecure.  BCBSM is a minority owner of AmeriHealth Caritas, a Pennsylvania-based Medicaid managed care company; and it is an investor in Bloom Health, a Minnesota-based developer of private exchange solutions for employers. 

"We aren't leveraging this 75th anniversary year to look back.  Instead, we are primed and ready to talk about the potential of the next 75 years," Loepp said.  "Our foundation is strong, built over seven decades through significant contributions to Michigan.  Blue Cross is ready to build on that foundation, and committed to lead Michigan to a healthier future."

  • Statewide Access to Health Care – BCBSM has long been the only insurance company committed to providing health care access to people living in each of Michigan's 83 counties. That commitment continues, as BCBSM is the only insurer offering ACA-compliant coverage on the Health Insurance Marketplace to people living everywhere in Michigan.
  • Improvements to Health Care Quality – Blue Cross Blue Shield of Michigan's tradition of working with doctors and hospitals continues through its Value Partnerships initiatives – a collection of patient safety, clinical quality and care process efforts that are transforming Michigan's health care system and reducing costs.  BCBSM has constructed the largest Patient-Centered Medical Home program in the nation.  The company is at the forefront of changing how hospitals are paid to place more focus on quality patient outcomes.  More information is at www.valuepartnerships.com and http://www.mibluesperspectives.com/health-care-value/
  • Protecting the Vulnerable – Since 2005, BCBSM's Strengthening the Safety Net program has provided nearly $8 million in grants to free and low-cost clinics across the state to provide health care access to the uninsured population.  Last year, BCBSM made an unprecedented commitment to provide $1.56 billion over 18 years to the Michigan Health Endowment.
  • Investing in Children's Health – BCBSM's Building Healthy Communities program has invested more than $6 million in locally-based efforts to engage kids in eating healthier and becoming more physically active.
  • Reinvigorating Michigan's Core Cities – Since 2004, BCBSM has made a determined effort to invest in Michigan's core cities.  It has restored historic downtown buildings in Grand Rapids and Lansing and located hundreds of employees at those facilities.  In 2011, the Blues relocated 3,400 suburban-based workers to downtown Detroit to create a unified campus of more than 6,000 employees. 
  • Improving the Customer Experience – BCBSM is at the beginning stages of a company-wide focus on making health insurance easier for people to understand, and improving its service to members.  This year, Forrester Research named BCBSM as making the biggest improvement in customer experience among all companies it measures in every industry in the nation. 

"The 75th anniversary of BCBSM is a major milestone for our company," said Loepp. "Much has changed throughout the years, but our commitment to Michigan stays the same. We're proud of what we have accomplished and excited to celebrate this momentous step into the future as a mutual nonprofit insurer."

Blue Cross Blue Shield of Michigan, a nonprofit mutual insurance company, is an independent licensee of the Blue Cross and Blue Shield Association. BCBSM provides and administers health benefits to more than 4.4 million members residing in Michigan in addition to employees of Michigan-headquartered companies who reside outside the state. For more company information, visit bcbsm.com and MiBluesPerspectives.com.  

SOURCE Blue Cross Blue Shield of Michigan

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...