Blue Shield of California
Blue Shield of California is a mutual benefit corporation and health plan founded in 1939 by the California Medical Association. It is based in Oakland, California, and serves 4.5 million health plan members and more than 65,000 physicians across the state. Blue Shield of California was founded as a not-for-profit organization. As of 2014, it is no longer tax-exempt in California and has been paying federal taxes for several years before that.
| Company type | Non-profit health plan (tax exempt status removed in 2014) |
|---|---|
| Industry | Healthcare |
| Founded | 1938 (created) 1939 (incorporated) |
| Founder | California Medical Association |
| Headquarters | 601 12th Street Oakland, California |
Key people | Paul Markovich, President and chief executive |
| Revenue | $21.8 billion USD (2020) |
Net income | $680 million USD (2020) |
| Members | 4.5 million (2021) |
Number of employees | 7,500 (2021) |
| Website | blueshieldca |
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