|March 23, 2004|
Major Tennessee Employers Award Contracts to BlueCross
CHATTANOOGA, Tenn. — Saturn Corporation and Corrections Corporation of America (CCA), two of the state’s top businesses, have selected BlueCross BlueShield of Tennessee to provide health insurance benefits to their employees.
The separate contracts go into effect April 1 and will cover a combined 35,000 lives, including employees and dependents in Tennessee and across the United States.
"We are very honored that these nationally respected businesses have placed their confidence in BlueCross health care coverage," said Vicky Gregg, president and CEO of BlueCross. “Our broad array of products and services, such as our national accounts capabilities, will suit the unique needs of each company and their valued employees.”
Saturn Corporation, a subsidiary of General Motors, has signed an agreement for BlueCross to administer benefits for the company’s UAW-represented employees. The Spring Hill, Tenn., company employs 6,000.
Nashville headquartered CCA is the nation’s largest owner and operator of private correctional facilities. The CCA contract covers 10,000 employees.
BlueCross competed against the nation’s largest insurance companies in a 10-to-12 month bidding process to win the respective contracts.
BlueCross BlueShield of Tennessee's mission is to provide its customers and communities with peace of mind through affordable solutions for health and healing, life and living. Founded in 1945, the Chattanooga-based company is focused on reinventing the health plan for its 3 million members in Tennessee and across the country. Through its integrated health management approach, BlueCross provides patient-centric products and services that drive health improvement and positively impact health care quality and value. BlueCross BlueShield of Tennessee Inc. is an independent licensee of the BlueCross BlueShield Association. For more information, visit the company's website at www.bcbst.com.
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