Saturday, May 18, 2013

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Big changes for Blue Cross and Blue Shield of Michigan
Posted: 03.18.2013 at 5:01 AM
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Gov. Rick Snyder is poised to sign legislation overhauling Blue Cross Blue Shield of Michigan.

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Blue Cross will contribute nearly $1.6 billion over 18 years to an endowment working to improve public health and health care access.

The bill lets the state's largest health insurer transform into a customer-owned nonprofit and ends its tax-exempt status.

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