Remember the
series of reports that came out in July on lack of competition in the health insurance market from Health Care for America Now (HCAN)? The
report on Illinois stated,
Health Care Services Corp., doing business as Blue Cross and Blue Shield of Illinois, is the state’s leading health insurer with 47 percent of the commercial market. Together with WellPoint Inc., they control 69 percent of the state market.
That's about to change. According to an
article today in the Chicago Tribune Wellpoint Inc., which operates locally under the Unicare brand, said it will exit Illinois and Texas...Wellpoint said its Illinois Unicare customers, largely in the Chicago area, will be guaranteed coverage if they transition to Chicago-based Health Care Service Corp., parent of Blue Cross and Blue Shield of Illinois...
which moves us toward a situation more like this:
