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August 04, 2015 5:59 AM ET

Insurance

Company Overview of Blue Cross Blue Shield of Michigan, Inc.

Company Overview

Blue Cross Blue Shield of Michigan, Inc. designs, sells, and manages health benefit plans for individuals, families, and employers in the United States and internationally. Its plans include traditional plans, preferred provider organization plans, health maintenance organization plans, wellness-based plans, plans with health spending accounts, prescription drug plans, and dental and vision plans, as well as Medicare plans, Medicaid and state plans, group plans, employer-sponsored plans, and additional insurances. The company also offers BlueHealthConnection that provides tips and tools to improve members’ health and wellness; management programs; wellness-based healthcare plan and drug solu...

600 Lafayette East

Detroit, MI 48226

United States

Founded in 1938

Phone:

313-225-9000

Fax:

866-392-7553

Key Executives for Blue Cross Blue Shield of Michigan, Inc.

Chief Executive Officer, President, Director and Member of Executive Committee
Chief Financial Officer, Executive Vice President and President of Emerging Markets
Executive Vice President of Operations and Business Performance
Senior Vice President of Subsidiary Operations, Chief Executive Officer of Accident Fund Holdings Inc and President of Accident Fund Holdings Inc
Senior Vice President, Chief Executive Officer of Blue Care Network and President of Blue Care Network
Compensation as of Fiscal Year 2015.

Blue Cross Blue Shield of Michigan, Inc. Key Developments

Blue Cross Blue Shield of Michigan and University of Michigan Health System Launch Statewide Initiative to Evaluate and Improve Genetic Testing

Blue Cross Blue Shield of Michigan, Inc. and the University of Michigan Health System are collaborating with physicians and laboratories across the state as part of a new initiative to improve genetic testing practices. This is the first of the 21 initiatives in the Michigan Blues' Collaborative Quality Initiative program to include a wide variety of provider types, including pathologists and genetic counselors, along with primary care and specialist physicians.

Blue Cross Blue Shield of Michigan and LifeSecure Partner to Provide Comprehensive Health Options to Michigan Consumers

Blue Cross Blue Shield of Michigan and LifeSecure Insurance Company have partnered to offer comprehensive supplemental insurance options to Michigan consumers. The LifeSecure products will be jointly marketed with BCBSM, and are being offered by both companies in Michigan to individual consumers. Individual offerings began July 1, 2014. The products will be available to group customers later in the year. The products are long term care insurance, which helps individuals with costs of daily living; hospital recovery insurance designed to assist policyholders in recovery stages following a hospital stay; and personal accident insurance designed to help policyholders pay for unexpected needs resulting from an accidental injury. The suite of jointly marketed products in the individual market complement BCBSM health plans, while helping Michigan residents maximize coverage and care. The product suite includes: Personal Accident: protects individuals and families from high out of pocket costs by covering expenses resulting from an accidental injury. Can pay for a variety of medical expenses, including x-rays, medication, ambulance services, or for common life expenses bills, mortgage or child care; Hospital Recovery: provides a benefit upon discharge from a hospital stay in order to help pay for services that assist in recovery. Can be used for rehabilitative services, transportation, home care, housekeeping help, child care, to pay daily bills or replace lost wages while away from work; Long Term Care: covers the expense of daily living care that a medical plan typically doesn't cover, such as assistance with bathing, eating, dressing, and transportation. Covers care in the home, an assisted living facility and in a variety of other settings.

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