KENNEBUNK, Maine--(BUSINESS WIRE)--The Blue Cross and Blue Shield (BCBS) entities are the nation's oldest and largest family of health benefits companies and undeniably the most recognized brands in the health insurance industry. Linked together through the Blue Cross and Blue Shield Association (BCBSA), the Blues are a national federation of 39 independent Blue Cross and Blue Shield companies. Together, along with their subsidiaries, Blues organizations cover more than half of all commercially insured persons in the U.S. and its territories.
As of September 2010 Blues plans and their medical affiliates insured 96.3 million people through major medical plans, down -1.1% from the same period one year ago. Blues companies have done better than non-blues affiliated companies, which saw total health enrollment fall from 127.7 million as of September 2009 to 124.9 million as of September 2010, a -2.2% decline. Nearly 38% of Americans with health insurance are covered by a plan offered or administered by a Blues company or one of their affiliates. Half of the Blues aggregate membership is through self-funded or administrative services only (ASO) plans.
An important single source of enrollment for Blues plans is the Blue Cross and Blue Shield Government-wide Service Benefit Plan, also known as the Federal Employee Program (FEP). BCBS has been part of the Federal Employees Health Benefits Program (FEHBP) since its inception in 1960. FEP and other Blues’ plan affiliates cover nearly 5.3 million federal employees, retirees and their families out of the 7.9 million people (contract holders as well as their dependents), receiving health benefits through FEHBP as of September 2010. That is roughly 67% of FEHBP enrollees.
In the latest Healthcare Business Strategy report, MFA aggregated and analyzed enrollment and other data for all Blues affiliated plans. To read the full text of “Blue Cross Blue Shield Plans’ Strong Competitive Edge,” visit the Healthcare Business Strategy library on Mark Farrah Associates’ website www.markfarrah.com.
About Mark Farrah Associates (MFA)
MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Medicare Business Online™, Medicare Benefits Analyzer™, Health Coverage Portal™, Health Insurer Insights™ and Health Plans USA™.