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April 30, 2007

C.A.R. Teams With Blue Cross of California to Offer Guaranteed Medical Insurance to Members

LOS ANGELES--(BUSINESS WIRE)--April 30, 2007--The CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) today announced it has teamed up with Blue Cross of California to provide guaranteed medical insurance to its members beginning June 1.

"After many months of intense searching and negotiations with numerous health care providers, C.A.R. identified Blue Cross of California as the best fit to meet the diverse needs of our members," said C.A.R. President Colleen Badagliacco. "Throughout the months-long process, C.A.R. remained committed to doing everything possible to preserve medical insurance for our members."

Blue Shield of California, after underwriting health insurance for C.A.R. members for more than seven years, abruptly terminated its medical coverage with C.A.R. effective May 31, adversely impacting more than 8,000 members and their families.

"While we continue to believe that Blue Shield terminated medical insurance coverage without cause, I am especially pleased that we are able to offer our members an excellent medical plan from a reputable industry leader like Blue Cross, the nation's largest health benefits company," Badagliacco said.
Blue Cross of California is a subsidiary of WellPoint, Inc. (NYSE: WLP), whose mission is to improve the lives of the people it serves and the health of its communities. It is the largest publicly traded commercial health benefits company in terms of membership in the United States. Additional information about Blue Cross of California is available at www.insuremyhealth.com.

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Posted by healthinsurance at April 30, 2007 01:45 PM