La Cruz Azul de Puerto Rico, Inc. · Río Piedras, PR United States
Company Description
Phone: 787-272-9898
Fax: 787-272-7867
View La Cruz Azul de Puerto Rico, Inc. Locations On A US Map
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This link will open in a new window A licensed affiliate of the Blue Cross Blue Shield Association , La Cruz Azul de Puerto Rico is one of the largest providers of health insurance products and related services to residents of Puerto Rico. The company offers medical, prescription drug, and dental coverage to individuals and employer groups of all sizes. Its provider network includes more than 12,500 hospitals, doctors, and other health care providers operating in Puerto Rico, the US Virgin Islands, and Tortola (part of the British Virgin Islands). Established in 1943, the company is a subsidiary of Independence Blue Cross . However, La Cruz Azul agreed in late 2008 to be acquired by Puerto Rican insurer Triple-S Management . To read the full description, subscribe now.
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Key La Cruz Azul de Puerto Rico, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 400 |
La Cruz Azul de Puerto Rico, Inc. Executives
11 executives listed for La Cruz Azul de Puerto Rico, Inc.'s Río Piedras, PR location.
| Title | Name & Bio | Contact |
| Chairman | Joseph Frick | Network |
| Vice Chairman | John Daddis | Network |
| President and CEO | Iván Colón | Network |
Competition
Competitive Landscape for La Cruz Azul de Puerto Rico, Inc.
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 La Cruz Azul de Puerto Rico, Inc. Competitors
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