Blue Cross & Blue Shield of Rhode Island · Providence, RI United States
Company Description
Phone: 401-459-1000
Fax: 401-459-1333
Toll Free: 800-637-3718
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As the state's largest health insurer, Blue Cross & Blue Shield of Rhode Island (BCBSRI) has the Ocean State's citizens covered. In fact, BCBSRI provides health insurance products and related services to more than half of the state's residents, primarily through their employers. The company offers a variety of plan types, including PPO (HealthMate Coast-to-Coast), HMO (BlueCHiP), and traditional indemnity (Classic Blue). It also sells Medicare Advantage and Medicare supplemental coverage, as well as Medicaid managed care plans (known as Rite Care in Rhode Island). A not-for-profit licensee of the Blue Cross and Blue Shield Association , BCBSRI was founded in 1939. To read the full description, subscribe now.
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Key Blue Cross & Blue Shield of Rhode Island Financials
| Company Type | Private - Not-for-Profit Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,800.0 |
| Employees | 1,100 |
Blue Cross & Blue Shield of Rhode Island Executives
31 executives listed for Blue Cross & Blue Shield of Rhode Island's Providence, RI location.
| Title | Name & Bio | Contact |
| Board Chair | Deborah Jacobson | Network |
| President and CEO | James Purcell | Network |
| VP Operations and Strategic Planning | Shanna Marzilli | Network |
Competition
Competitive Landscape for Blue Cross & Blue Shield of Rhode Island
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Blue Cross & Blue Shield of Rhode Island Competitors
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