Blue Cross Blue Shield of Michigan
The Blue Cross Blue Shield Association (BCBSA) runs the Blue Cross Blue Shield of Michigan (BCBSM).
It is an independent licensee of the BCBSA and headquartered at 600 E. Lafayette Boulevard in downtown Detroit.
The BCBSM is a non-profit organization that offers health insurance benefits to more than 4.5 million policyholders residing in Michigan.
It also provides insurance coverage to over 1.6 million policyholders in other states.
Besides that, BCBSM also provides health insurance benefits to groups headquartered in Michigan but operates outside the state.
The Accident Fund, a worker’s compensation insurance firm, is a for-profit subsidiary of the BCBSM.
To date, the BSBSM has contributed over US$ 1.56 billion towards health benefits for Michigan residents over 18 years of service.
Essential Facts About Blue Cross Blue Shield of Michigan
Let’s check out some interesting and vital facts about BCBSM:
#1. It is a non-profit organization formed in 1939.
#2. It has one of the largest networks of healthcare providers, which include 152 hospitals and over 33,000 doctors.
#3. BCBSM gives employment to more than 8,000 people in the state.
#4. BCBSM subsidiaries include Adventure, Blue Cross Network of Michigan, AF Group, Blue Cross Blue Shield of Michigan Foundation, and LifeSecure Insurance Company, to name a few.
#5. BCBSM is headquartered in Detroit, while the Blue Care Network is headquartered in
The vision of Blue Cross Blue Shield of Michigan
BCBSM works to design, sell and manage medical insurance plans for individuals, families, and Michigan-based employers. These include:
#1. Conventional insurance plans
#2. PPO (Preferred Provider Organization)
#3. HMO (Health Maintenance Organization)
#4. Medicaid and state plans
#5. Medicare plans
#6. International plans
#7. Wellness-based plans
#8. Dental plans
#9. Vision plans
#10. Health-spending account plans
#11. Pharmacy plans
Why Choose Blue Cross Blue Shield of Michigan?
The Blue Cross Blue Shield of Michigan is one of the earliest companies to offer health insurance in the history of the United States.
Initially, the foundation provided health benefits to blue-collar employees, such as miners, teachers, and lumberjacks.
Today, BCBSM has become prominent affordable health and medical insurance provider to individuals, employees, and families.
Some of the significant accomplishments of BCBSM include:
#1. The Building Healthy Communities program was started in 2009. It has reached over 390 schools in Michigan and has helped over 180,000 students to eat a healthier diet and be more active in their daily lives.
#2. The Strengthening the Safety Net program was launched in 2005. This program has donated more than US$ 11 million to health clinics all over Michigan.
#3. The Patient-Centered Medical Home program is the largest in the United States. This program has helped save around US$ 427 million in expenses to the state’s healthcare system.
#4. Paying over US$ 21.2 billion in claims to healthcare providers, hospitals, and doctors.
#5. Commitment to pay around US$ 1.56 billion to the Michigan Health Endowment Fund, which aims to improve healthcare facilities, and easy access to quality and cost-efficient healthcare services.
The Blue Cross Blue Shield of Michigan is a leading health insurance provider in the US.
It offers conventional and supplemental health insurance coverage to millions of individuals, families, and workers within the state at affordable prices.
To know the details of the eligibility criteria and understand the application process, you can visit the official website by clicking on this link https://www.bcbsm.com/index.html.