Blue shield was founded in 1939. Bruce G. Bodaken acts as the Chairman, President and Chief Executive officer of the company. The total number of employees working in the organization is 4,800 with annual revenues being $8.9 billion and parent company being California Physicians Service, Inc. It has its corporate office in San Francisco.

Recently Blue Shield received Excellent rating for its service in HMO and Point of Service (POS). This status was given by National Committee for Quality Assurance (NCQA).

It has nearly 1,200,000 members for HMO plans; 1,560,000 for PPO; 460,000 for TRICARE and 160,000 for other plans. The total comes to 3,400,000.

Under HMO plans, Blue shield has nearly 11,546 primary care physicians and 22,092 specialists. With PPO plans it has nearly 11,053 primary care physicians and 21,454 specialists. Through the years, there has been an increase in its Network provider base. It has tie up with nearly 303 hospitals for HMO plans and 348 hospitals for PPO plans.

Blue shield of California is a life and health insurance company which was founded in 1954 and is licensed as a life and disability insurer.

Labels: Facts about Blue Shield