Blue Shield of California Secures Continued Partnership with Providence Health & Services through New Contract

Blue Shield of California is thrilled to announce that Providence Health & Services has decided to retract their termination notice. This means that the partnership between Blue Shield and Providence will continue under a new contract that is currently being finalized.

As a tax-paying, nonprofit health plan, Blue Shield of California places a cap on its net income at 2%. The organization is dedicated to addressing the challenges of rising healthcare costs and works tirelessly to negotiate on behalf of its members and clients in order to achieve sustainable and affordable health coverage that is of high quality.

Blue Shield of California is committed to creating a healthcare system that is both sustainable and affordable for its members. The organization is an independent member of the Blue Shield Association with over 4.8 million members and more than 7,500 employees. With headquarters in Oakland, Blue Shield of California offers health, dental, vision, Medicaid, and Medicare healthcare service plans in California.

In addition to their work as a health plan provider, Blue Shield has also made significant contributions to the Blue Shield Foundation in the past three years, totaling more than $97 million. This foundation supports various programs aimed at improving access to healthcare for underserved communities across the state. To stay updated on news about Blue Shield of California and their initiatives, individuals can visit news.blueshieldca.com or follow the organization on LinkedIn, Twitter, or Facebook.