Blue
Shield of California Life &
Health Insurance Company Life was
formed in 1954 as a wholly owned subsidiary
of Blue Shield of California to provide
a full range of insurance products
for their customers. With 3.3 million
members and $7.5 billion in annual
revenue, Blue Shield of California
is the state's third largest health
plan. Founded in 1939 and headquartered
in San Francisco, Blue Shield is a
not-for-profit corporation with approximately
4,300 employees and more than 20 offices
throughout California.
Blue
Shield of California Life &
Health Insurance Company Life has
grown by offering competitive insurance
products including Group Term Life,
Accidental Death & Dismemberment,
Blue Shield of California Life &
Health Insurance Company Life Vision
Plan, Stop Loss and Exec-U-Med medical
reimbursement plans in tandem with
Blue Shield of California health
plans or on a stand-alone basis
. In the early 1980s, introduced
their Short-Term Health products.
The Option One and Option Twelve
plans remain one of the leading
products of their kind in California |
