BlueCross has $1.6 billion economic impact on Tennessee
By having its corporate headquarters and regional offices within the state,
With more than 5,000 of its employees at its
"What we measured was the economic value to
Although BlueCross in
The BlueCross Tennessee plan, which has been in operation since 1945, is one of 36 separate
Most of BlueCross's revenues are collected from Tennesseans, but a bigger share of that money stays within the state compared with health insurers headquartered or processing claims outside of
Fox said the economic gains calculated in the study also do not include some of the charitable, volunteer and community leadership provided by the company. BlueCross donated
"We measured only the direct dollar benefits, although there are clearly a lot of other indirect benefits of having the talent of a company like BlueCross headquartered in your city," Fox said.
"We take pride in not only serving our members in
The biggest share of BlueCross's staff is housed in the company's
The company employs hundreds of nurses and other health care professionals, along with IT specialists and corporate managers at its
"
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