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Blue Cross and Blue Shield of Alabama company history timeline

1936

BCBSAL was founded in 1936 as the Hospital Service Corporation.

1970

In 1970, the name was changed back to Blue Cross and Blue Shield of Alabama L. By that year, it had increased its enrollment to over 1 million people.

2006

Louise Norris is an individual health insurance broker who has been writing about health insurance and health reform since 2006.

2010

Yet, still the 2010 United States Department of Health and Human Services survey found BCBSAL offered the second-most affordable employer-sponsored family health plans in the country; and more than 90 cents of every dollar in premiums is returned to members in the form of benefits.

2015

Under a law passed in Alabama in 2015 (SB147, which became Act Number 2015-227 when it was signed into law in May), insurance executive compensation in Alabama is now kept confidential, and is not subject to open records requests, freedom of information requests, or subpoena.

UnitedHealthcare joined the exchange for 2015, offering plans in all 67 Alabama counties.

UnitedHealthcare expanded to offer coverage in all 67 counties in Alabama starting in 2015, and their total exchange enrollment in the state was 20,488 in 2015.

2015: Average increase of 3%, according to a study by the Commonwealth Fund.

2017

The declines are due to a variety of factors, including the Trump administration’s decision to sharply reduce funding for exchange marketing and enrollment assistance, and the shorter open enrollment period that started to be used in the fall of 2017.

Conservative groups promptly accused Bentley of flip-flopping, but nothing had come of his Medicaid expansion talk as of 2017 when he resigned amid a scandal.

Even though other companies are available, over 90% of the Alabama market continues to choose BCBSAL Enrollment is again expected to grow in 2017, considering all other companies in Alabama have abandoned the Health Insurance Marketplace (Obamacare) Exchange.

2018

But since 2018, residents in the Birmingham area have been able to choose from two different insurers in the exchange, as Bright Health now offers plans in that area.

The following average rate increases were implemented for 2018 in the Alabama exchange:

Since 2018, the cost of CSR has been added to premiums for silver plans sold in Alabama’s exchange.

As of 2018 Tim Vines is the CEO and President of Blue Cross Blue Shield of Alabama, moving up from Vice President and COO.

2019

So although the insurers decreased their average premiums in Alabama in 2019, they would have decreased them even more if the individual mandate penalty had remained in place and if short-term and association health plans hadn’t been expanded by the Trump Administration.

2021

Louise Norris Health insurance & health reform authority April 21, 2021

But because of the ongoing pandemic and the enhanced premium subsidies created by the American Rescue Plan, the rules are different in 2021.

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Founded
1936
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Headquarters
Birmingham, AL
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Zippia gives an in-depth look into the details of Blue Cross and Blue Shield of Alabama, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Blue Cross and Blue Shield of Alabama. The employee data is based on information from people who have self-reported their past or current employments at Blue Cross and Blue Shield of Alabama. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Blue Cross and Blue Shield of Alabama. The data presented on this page does not represent the view of Blue Cross and Blue Shield of Alabama and its employees or that of Zippia.

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