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February 1, 2023
Bill Wild announced Nov. 22 that he was accepting a job in the private sector as president and CEO of the Midwest Independent Retailers Association.
December 14, 2022
Doctors are increasingly staking their incomes on their patients' outcomes. Six physician groups have inked full-risk reimbursement deals with Blue Cross Blue Shield of Michigan for the care of patients under its Medicare Advantage PPO and Blue Care Network Medicare Advantage plans, the state's…
December 14, 2022
Upon launch of the new programs on Jan. 1, approximately 30 percent of BCBSM's total Medicare Advantage members will be seen by a doctor under a full-risk contract.
April 12, 2022
AF Group is financing the acquisition from Shanghai-based Fosun International Limited without other financial support from Blue Cross.
March 2, 2022
Blue Cross Blue Shield of Michigan lost money providing health insurance to its members in 2021 due to the COVID-19 pandemic.
March 1, 2022
Blue Cross Blue Shield of Michigan lost money providing health insurance to its members in 2021 due to the COVID-19 pandemic.The Detroit nonprofit insurer reported a $374 million operating loss thanks to $860 million in costs from COVID-19 treatments and testing, BCBSM reported Tuesday.However, the…
March 1, 2022
Michigans health insurance giant had a positive financial year after using gains from investments and subsidiaries to cover underwriting losses.
May 8, 2021
View Comments Former Detroit Lions quarterback Eric Hipple’s been through hell and back as he shares his story of depression, his sons death by suicide, his own recovery and his current role as advocate and champion for mental health and wellness. He’s given thousands of speeches across the country before veterans, students, businesses and organizations. He’s much in demand as he talks up the importance of people focusing on their mental health as they do their physical health. As we ta...
March 15, 2021
Plans for East Warren/Cadieux area include primary care center, revitalizing business corridor and recreation areas City of Detroit A rendering shows changes planned for East Warren Avenue as part of the city of Detroits public-private Strategic Neighborhood Fund program. A Miami-based primary care provider will open a clinic in Detroits East Warren/Cadieux area, which the city is targeting for new investment under the Strategic Neighborhood Fund. The city of Detroit gave an overview at 6 p.m....
March 1, 2021
Blue Cross posts lowest operating profits in 4 years amid COVID-19 pandemic Investment portfolio gains of $724 million stabilized business Company total margins dropped to 2.1 percent from 2.7 percent in 2019 Blue Cross Blue Shield of Michigan experienced a 52 percent drop in operating profits in 2020, illustrating the challenges the states largest health insurer faced during the beginning of the COVID-19 pandemic. The nonprofit mutual health insurer reported $120 million in operating income la...