#194 of 500 · Health Plan / Insurer

Blue Cross Blue Shield Association

EIN 13-5656874 · IL · NTEE E80 · Form 990, fiscal 2023

A Chicago-based federation of 33 independent, locally operated Blue Cross and Blue Shield health insurance companies that together cover roughly one in three Americans. Formed in 1982 from the merger of the Blue Cross and Blue Shield organizations, BCBSA owns and licenses the Blue Cross and Blue Shield trademarks to its member plans, coordinates national programs such as the Federal Employee Program and BlueCard, and engages in policy advocacy.

Financials, fiscal 2023

Revenue

$819.1M

Expenses

$798.0M

Total assets

$1.13B

Net assets

$317.1M

Operating margin

2.6%

1-year growth

8.4%

5-year growth (CAGR)

4.2%

Reserve (years of spending)

4.8

Contributions share

n/a

Programme spending

99.0%

Fundraising cost

n/a

Executive pay share

3.14%

Employees

1,363

Revenue per employee

$601K

Grants paid

$2.0M

Years filing

65

NFP Health Score: 62 / 100

Financial 44 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To improve health care access and quality — increasing access to health insurance and improving health for all Americans.

Revenue history