Blue Cross Blue Shield of Michigan Mutual Insurance Co - Company Profile
Powered by 
All the sales intelligence you need on Blue Cross Blue Shield of Michigan Mutual Insurance Co in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Blue Cross Blue Shield of Michigan Mutual Insurance Co fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Blue Cross Blue Shield of Michigan Mutual Insurance Co.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Blue Cross Blue Shield of Michigan Mutual Insurance Co (BCBSM) is a nonprofit health insurance provider. The company designs, sells, and manages health plans for individuals, families, and Michigan-based employers. Its major products include traditional health plans, PPO plans, HMO plans, Medicare plans, Medicaid and state plans, wellness-based plans, and international health plans. BCBSM serves a diverse customer base, including individuals, families, and businesses, providing health insurance solutions across various sectors. The company operates through a network of providers and partners to deliver its services. BCBSM is headquartered in Detroit, Michigan, the US.
Headquarters
United States of America
Address
600 East Lafayette Boulevard, Detroit, Michigan, 48226
Website
www.bcbsm.com
Telephone
1 313 2259000
No of Employees
12,196
Industry
Financial Services
Revenue (2024)
$41.3B
Blue Cross Blue Shield of Michigan Mutual Insurance Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Health Maintenance Organization (HMO) Plans | Service: | Blue Care Network |
| Preferred Provider Organization (PPO) Plans | Claims Service | Blue Cross |
| Dental Insurance Plans | Blue Shield | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Regulatory Approval | In October, the company received regulatory approval for affiliation with Blue Cross Blue Shield of Vermont from the Vermont Department of Financial Regulation. |
| 2023 | Litigation | In June, the company was accused by Ford Motor Co for the inflated costs on the health insurance products offered. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company’s subsidiary AF Group has completed the acquisition of AmeriTrust Group. |
Competitor Comparison
| Key Parameters | Blue Cross Blue Shield of Michigan Mutual Insurance Co | UnitedHealth Group Inc | The Cigna Group | Humana Inc | Aetna Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Detroit | Eden Prairie | Bloomfield | Louisville | Hartford |
| State/Province | Michigan | Minnesota | Connecticut | Kentucky | Connecticut |
| No. of Employees | 12,196 | 400,000 | 73,500 | 65,680 | - |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul L. Mozak | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | - |
| Gregory A. Sudderth | Chairman | Executive Board | - | - |
| F. Remington Sprague | Vice Chairman | Executive Board | - | - |
| Tricia A. Keith | Chief Executive Officer; Director; President | Executive Board | - | - |
| David Ellenbogen | Senior Vice President; Chief Legal Officer; Corporate Secretary | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer