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Blue Cross plans |
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Blue Cross plans: see health insurance health insurance, prepayment plan providing services or cash indemnities for medical care needed in times of illness or disability. It is effected by voluntary plans, either commercial or nonprofit, or by compulsory national insurance plans, usually connected with a ..... Click the link for more information. . |
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| ``WellPoint is our top pick for 2005 given its defensive characteristics with relatively little exposure to the not-for-profit Blue Cross plans and achievable earnings with upside from merger-related expenses, included in 2005 operating earnings, that subside in 2006, as well as the potential for some further Blues consolidation,'' wrote Matthew Borsch, an analyst for Goldman Sachs, in a note to his clients. The combined company would have 26 million members and cover about one in three members of Blue Cross plans nationwide. Blue Cross of California was one of the first Blue Cross plans to convert--first trading publicly on the New York Stock Exchange in 1993 and undergoing recapitalization in 1996. |
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Blue Cross plans
