WellPoint Inc., along with two non-profit insurance companies, has obtained the majority stake in a private health insurance exchange based in Minneapolis, Minnesota. The exchange, called Bloom Health Corp., was founded in 2009 and has helped employers in the state find insurance plans that are right for their business and employees. The exchange is one of the first in the country to see any degree of success and has become something of a standard by which other insurance exchanges can be modeled after. WellPoint, Health Care Service Corp. and Blue…
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Michigan health insurer rolls out new plan geared for youth
Blue Cross Blue Shield of Michigan has unveiled a new insurance plan tailored for young adults, which will cost them less than $100 monthly. Called the Young Adult Blue Max plan, the goal is to provide coverage for those between the ages of 19 and 30. The plan offers medical, dental and vision coverage. Preventative care and services are included in the plan. The insurer is claiming that their new coverage plan will prove especially beneficial for young adults striking out on their own. Whether they are starting a career…
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