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Blue Shield

Blue Shield is a nonprofit health plan dedicated to providing Californians with access to high-quality health care at an affordable price. Read more

Paul Markovich's photo - President & CEO of Blue Shield

President & CEO

Paul Markovich

CEO Approval Rating

77/100

BLUE SHIELD TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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UnitedHealth Group is seen as one of Blue Shield's top competitors. UnitedHealth Group was founded in Minneapolis, Minnesota} in 1977. UnitedHealth Group is in the Life & Health Insurance industry. Compared to Blue Shield, UnitedHealth Group generates $241.8B more revenue.

Anthem Inc is Blue Shield's #2 competitor. Anthem Inc was founded in 1944, and its headquarters is in Indianapolis, Indiana. Anthem Inc is in the Insurance Brokers field. Anthem Inc has 76,600 more employees than Blue Shield.

Aetna is Blue Shield's #3 rival. Aetna is headquartered in Hartford, Connecticut, and was founded in 1853. Aetna operates in the Life & Health Insurance industry. Aetna generates 330% the revenue of Blue Shield.

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Growth Score - 1/1

Is 6,800 a good estimate for Blue Shield's Employee count?

Blue Shield Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Care1st Health Plan, Inc.

Dec 2014

Source »
undisclosed
Care1st is a Health Maintenance Organization that offers medicaid and medicare programs.
Care America

Jul 1997

Source »
undisclosed
-

These are all the companies that Blue Shield has acquired. Blue Shield has acquired 2 companies and its latest acquisition was Care1st Health Plan, Inc. in Dec 2014. Care1st is a Health Maintenance Organization that offers medicaid and medicare programs.

Blue Shield Funding History

No recent funding data found related to Blue Shield

Blue Shield Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Brightline is a California-based telehealth platform that provides pediatric behavioral health support and related solutions for teens and kids.
$72M
Jun 15, 2021
Series B
-
$25K
Jun 06, 2021
Grant
-
$25K
Jun 06, 2021
Grant
-
$25K
Jun 06, 2021
Grant
-
$25K
Jun 06, 2021
Grant
-

These are all the companies that Blue Shield has invested in. Blue Shield has invested 2 companies and its latest investment was Care1st Health Plan, Inc. in Dec 2014. Care1st is a Health Maintenance Organization that offers medicaid and medicare programs.

Blue Shield News

May 3, 2021Competition Policy International

Blue Cross Blue Shield Settles Antitrust Suit For $2.7B

The Blue Cross Blue Shield Association and its affiliated companies have agreed to a $2.67 billion se... See more »
May 3, 2021Beckers Hospital Review

5 things to know

April 28, 2021Markets Insider

One-Year Results Show Blue Shield of California Helped Hundreds of Healthcare Providers Successfully Navigate COVID-19's Economic Challenges with $200 Million Direct Support Program

OAKLAND, Calif., April 28, 2021 /PRNewswire/ -- Blue Shield of California today announced that it has... See more »
April 25, 2021Becker's Spine Review

Mercy hospital commended for quality in spine surgery

Blue Shield of California has recognized Mercy Medical Center Redding (Calif.) as a Blue Distinction ... See more »
April 7, 2021Markets Insider

Blue Shield of California Adds MemorialCare to Trio's Orange County Network

ORANGE and LOS ANGELES Counties, Calif., April 7, 2021 /PRNewswire/ -- Following a successful Blue Sh... See more »

Blue Shield Press Releases

April 22, 2021CSRwire

AEG and LA Kings Team Up With Blue Shield of California and Grades of Green to Send Litter to the Penalty Box for Earth Week

In celebration of Earth Day, AEG and the LA Kings announced today that they are partnering with Blue ... See more »
April 6, 2021PR Newswire

Blue Shield of California's Wellvolution Unveils New Features for Type 2 Diabetes Members to Take Control of Their Health

LOS ANGELES, April 6, 2021 /PRNewswire/ -- Blue Shield of California is enhancing its popular Wellvol... See more »
March 26, 2021PR Newswire

Blue Shield of California Announces Golden State Now Has Capacity to Administer More than 4 Million COVID-19 Vaccine Doses Each Week

OAKLAND, Calif., March 26, 2021 /PRNewswire/ -- Blue Shield of California, as the state of California... See more »
March 18, 2021PR Newswire

Blue Shield of California Promise Health Plan Receives Multicultural Health Care Distinction from the National Committee for Quality Assurance

/PRNewswire/ -- Blue Shield of California Promise Health Plan (Blue Shield Promise) has received the ... See more »
January 6, 2021PR Newswire

Dr. Myechia Minter-Jordan Joins Blue Shield of California's Board of Directors

OAKLAND, Calif., Jan. 6, 2021 /PRNewswire/ -- Blue Shield of California today announced Myechia Minte... See more »
November 18, 2020PR Newswire

Truth Initiative And Blue Shield of California Team Up To Help Millions Quit Tobacco

WASHINGTON, Nov. 18, 2020 /PRNewswire/ -- It's been known for decades that tobacco use is deadly. Now... See more »
November 18, 2020PR Newswire

Blue Shield of California's Wellvolution Program Launches Innovative "Quit Smoking" Digital Apps

OAKLAND, Calif., Nov. 18, 2020 /PRNewswire/ -- In its ongoing focus to help Californians make sustain... See more »

Blue Shield Videos

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Blue Shield Headquarters

601 12th Street

Oakland, California94607

510-607-2000

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Blue Shield Summary

ABOUT

Overview

Blue Shield of California is a not-for-profit health plan provider. Founded in 1939, the company has its headquarters in San Francisco, California. The organization serves more than 4 million health plan members and nearly 65,000 physicians across the...

CEO

Blue Shield's President & CEO, Paul Markovich, currently has an approval rating of 77%. Blue Shield's primary competitors are UnitedHealth Group, Anthem Inc & Aetna.

Frequently Asked Questions about Blue Shield

  1. When was Blue Shield founded?

    Blue Shield was founded in 1939
  2. Who is Blue Shield's CEO?

    Blue Shield's CEO is Paul Markovich
  3. How much revenue does Blue Shield generate?

    Blue Shield generates $21.1B in revenue
  4. How much funding does Blue Shield have?

    Blue Shield has historically raised $0 in funding
  5. Where is Blue Shield's headquarters?

    Blue Shield's headquarters is in Oakland California, USA
  1. How many employees does Blue Shield have?

    Blue Shield has 6,800 employees
  2. What sector does Blue Shield operate in?

    Blue Shield is in Property & Casualty Insurance
  3. Who are Blue Shield's competitors?

    Blue Shield's top competitors are UnitedHealth Group, Anthem Inc, Aetna
  4. Who has Blue Shield invested in?

    Blue Shield's has invested in companies such as Brightline, 100 BMIE, BRAAF