Company Overview
Blue Cross and Blue Shield of Rhode Island (BCBSRI) is the health insurance choice of more than half the state’s residents. BCBSRI members know they can rely on a well-trained and qualified staff with the shared goal of providing prompt, courteous, and efficient service. They can also suggest way to make more of member’s health insurance. So, whether providing top-notch services to their subscribers, a resource to the community’s underserved, or simply being a great place to work, BCBSRI considers itself as far more than simply a company but a way of life.
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History
The Blue Cross brand originated in 1929 at Baylor University with a plan offering teachers three weeks of hospital care for $6 per year. As the company grew, it began offering coverage to other employee groups in Dallas and later expanded to national coverage. The Blue Shield brand was developed at the start of last century with lumber and mining employers in the Pacific Northwest paying a monthly fee to a designated group of physicians.Blue Shield and the Blue Cross Association merged in 1982 to become the Blue Cross and Blue Shield Association.
Blue Cross Blue Shield of Rhode Island has been operating since 1939 when it began as Hospital Service Corporation of Rhode Island. Three years later membership had grown to 100,000 and by 1945 soared to over 350,000. In 1949, the Rhode Island Medical Society Physicians Service was formed and in 1973 Hospital Service Corporation of Rhode Island changed its name to Blue Cross of Rhode Island. Later in 1974, Rhode Island Medical Society Physicians Service changed its name to Blue Shield of Rhode Island. Finally, in 1982 the two companies merged to become Blue Cross and Blue Shield of Rhode Island.
Current Organization
Blue Cross Blue Shield of Rhode Island has been providing its members with high-quality healthcare insurance since 1939. It maintains a mission of delivering to its members peace of mind and improved health by representing them in their pursuit of affordable, high-quality healthcare. Based in Providence, BCBSRI employs more than 1000, not only contributing to the overall health of its members but to the local economy as well.