This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - October 09, 2015 02:01 PM (EDT)

Blue Shield of California Makes $1.2 Billion Entry to State’s Medicaid Market

Blue Shield of California has moved into the state’s Medicaid market with a $1.2 billion, all-cash purchase of Care 1st, a privately held managed care company with about 539,000 members. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Health Insurance Mergers And Acquisitions California Medicare Medicare Supplement Insurance Blue Cross And Blue Shield Plans Health Care Providers

Reprints & Redistribution

Latest News

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Euro Accident Livförsäkring AB
May 02, 2024 10:07 AM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of New Zealand Medical Indemnity Insurance Limited
May 02, 2024 09:28 AM (EDT)

EARNINGS
Allstate Improves to $1.19 Billion Net Income in First Quarter, Seeks More Market Share
May 01, 2024 05:22 PM (EDT)

EARNINGS
MetLife First-Quarter Net Income Jumps on Adjusted Earnings, Lower Net Investment Losses
May 01, 2024 05:13 PM (EDT)

EARNINGS
Commercial Lines Leads First-Quarter Profit Surge for AIG
May 01, 2024 04:56 PM (EDT)

More from Best’s News

Trending

1

EARNINGS
SiriusPoint First-Quarter Net Available Income Drops to $94.8 Million
May 01, 2024 10:53 AM (EDT)

2

SPECIAL REPORT
Best’s Market Segment Report: U.S. Medical Professional Liability Segment’s Profitability Buoyed by Net Investment Income
May 01, 2024 09:24 AM (EDT)

3

EARNINGS
Prudential Financial First-Quarter Net Attributable Income Drops to $1.14 Billion
Apr 30, 2024 05:28 PM (EDT)

4

CATASTROPHES
State Farm Incurs 4,740 Claims After Major US Tornado, Hail, Wind Outbreak
Apr 30, 2024 03:42 PM (EDT)

5

EARNINGS
Baltimore Bridge Disaster Costs Aspen as First-Quarter Profit Declines
Apr 30, 2024 11:39 AM (EDT)

1

STATE LEGISLATION
Louisiana Commissioner: Legislators Approve Four Bills to Tackle Insurance Crisis
Apr 29, 2024 02:08 PM (EDT)

2

CATASTROPHE MODELING
Industry Executives Urge Need for Speed on California Regulatory Model Changes
Apr 26, 2024 04:34 PM (EDT)

3

REGULATION
New Fiduciary Rule on Annuity Sales To Take Effect in September, US Labor Department Says
Apr 26, 2024 01:55 PM (EDT)

4

CRIME
Florida Citizens: Cyber Actor Hacked System
Apr 24, 2024 02:04 PM (EDT)

5

EARNINGS
Chubb CEO: Asia Leads as Growth Continues Despite Financial Lines Drag
Apr 24, 2024 01:53 PM (EDT)

1

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

2

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

3

PEOPLE IN INSURANCE
United Educators Insurance Names Successor to Retiring President-CEO
Aug 09, 2023 11:34 AM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

ELECTIONS 2010
North Carolina Commissioner Races Competitive on Both Sides
Mar 01, 2024 11:28 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
006181	Blue Shield of CA Life & Health Ins
064143	Blue Shield of CA Promise Health Plan
020415	Blue Shield of California Group

BEST'S CREDIT RATING ACTION
AM Best Removes From Under Review & Affirms Credit Ratings of Blue Shield of Calif; Affirms Credit Ratings of CareAmerica
Aug 31, 2023 03:42 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Places Credit Ratings of Blue Shield of California Group Members Under Review With Developing Implications
Mar 09, 2023 04:26 PM (EST)

Whistleblower Complaint Filed Against Blue Shield, Alleges $89.1 Million ACA Underpayment
Apr 25, 2018 03:36 PM (EDT)

Market Watchers: Health Care Repeal Doesn’t Address Industry’s Top Priority, CSR Payments
May 08, 2017 03:01 PM (EDT)

Blue Shield of California and Anthem Fined for ‘Inaccurate’ 2014 Provider Directories
Nov 04, 2015 04:24 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html