Institute: ONC | Component: 1 | Unit: 4 | Lecture: a | Slide: 20
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 1
Lecture:The history of the health insurance industry in the U.S.
Slide content:State-Licensed Insurance Organizations - 1 Commercial Health Insurers Most are owned by stockholders or stock companies Mutual insurance companies are owned by their policyholders BlueCross BlueShield Association of 39 different companies in 50 states Locally operated; some are for-profit Largest insurer, covering 1 in 3 Americans 20
Slide notes:There are three types of state-licensed insurance organizations. Commercial health insurers, also known as privately funded health plans , or simply insurance carriers, are most often owned by stockholders or stock companies. Aetna Insurance Company is one such example. Alternatively, these companies can be mutual insurance companies, which are owned by their policyholders. BlueCross BlueShield is a nationwide association of thirty-nine independently operated companies. Originally, BlueCross BlueShield companies were not-for-profit organizations, but today some of them operate on a for-profit basis. Together, these companies are the nations largest insurer, providing coverage for one in three Americans. 20