Blue Cross & Blue Shield NC History
Each state has its own Blue Cross and Blue Shield franchise. Most consumers logically think that they are one big insurance carrier. They actually are not. Each state has its own Blue Cross and Blue Shield company, and they work together or at least they’re supposed to, so that if you travel out of state you will still have temporary coverage.
However if you move to another state, you would really need to apply to that state Blue Cross Blue Shield company in order to continuously have coverage or you will pay through the nose for a Blue Cross conversion plan.
The Blue Shield Association is a really incredible group made up of over 38 separate health insurance companies who insure over 100 million Americans, effectively making the Association the largest provider of health insurance benefits in the USA.
The first Blue Cross insurance company started in 1929, while Blue Shield was organized in 1939. Originally these were two separate companies, and the Blue Cross Association started in 1960, of course the Blue Shield Association was created in 1948 in both organizations merge creating one entity in 1982.
Originally Blue Cross covered charges related to hospital services and Blue Shield covered Dr. services. If you think about it that’s very similar to how Medicare works. Medicare part a covers hospital charges and Medicare part B covers Dr. charges and outpatient care.
As a resident of North Carolina, you can apply for an individual and family health insurance policy from Blue Cross Blue Shield of North Carolina called the blue advantage plan. This is a quality health insurance product that utilizes a preferred provider organization or PPO, so that you can use in and out of network providers while enjoying the lowest out-of-pocket costs for using Blue Cross doctors.
If you’re a healthy person you’ll be happy to know that BCBSNC’s Blue Advantage policy, will ensure you for the lowest rate possible in the state of North Carolina.
The great thing about this Blue Cross North Carolina health insurance plan is that even if you are not so healthy, they will still issue you coverage at a higher rate than what you applied for.
Blue Cross Blue Shield North Carolina and the NC Health Insurance Market Today
Blue Cross and Blue Shield (BCBSNC) have officially dominated the North Carolina private health insurance market. They insure over 3 million North Carolina residents including over 500,000 clients on behalf of out-of-state Blue Cross plans.
One of the many benefits of having your health insurance will Blue Cross Blue Shield of North Carolina, is that you have access to one of the value added platforms called “Blue Extras”. This extra benefit provides the consumer with discounts on a wide range of services that all related and intended to keep you healthy.
In addition to providing you with quality health insurance benefits at an affordable rate for the past 70 years, Blue Cross can also save you money on your life insurance, dental, long-term care and of course disability insurance.