Datapoint: Michigan, Vermont Blues Plans Pursue Affiliation
Blue Cross Blue Shield of Michigan and Blue Cross and Blue Shield of Vermont on May 1 unveiled plans for an affiliation deal that “will enable the organizations to broaden the range of health plan and service solutions that will further benefit members and customer groups, while remaining within and committed to local communities in both states,” per a press release from the insurers. The deal, which will place the Vermont Blues payer under Blue Cross Blue Shield of Michigan’s enterprise umbrella, is cashless, with the two insurers maintaining separate legal entities, leadership and headquarters. Blue Cross Blue Shield of Michigan is the largest insurer in its home state, serving 4,504,098 members, as is Blue Cross and Blue Shield of Vermont, with 163,952 members.
Source: AIS’s Directory of Health Plans