Company History
Independence Blue Cross began in 1938 as the Associated Hospital Service of Philadelphia and offered the first prepaid hospitalization plan in the region. Philadelphia Mayor S. Davis Wilson enrolled as the first member, and Independence Hall became the first employer group to purchase coverage.
By the end of its first year, the company had more than 160,000 members. By 1958, it employed 600 people and contracted with 94 hospitals. In 1988, the company began doing business as Independence Blue Cross.
Read more about this topic: Independence Blue Cross
Famous quotes containing the words company and/or history:
“Life is very narrow. Bring any club or company of intelligent men together again after ten years, and if the presence of some penetrating and calming genius could dispose them to frankness, what a confession of insanities would come up!”
—Ralph Waldo Emerson (1803–1882)
“A country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.”
—Aristide Briand (1862–1932)