Two major Blue Cross Blue Shield insurers plan to tie up in a deal that will bring together powerful regional players that generate about $16 billion in combined revenue and cover more than six million people. Cambia Health Solutions and Blue Cross and Blue Shield of North Carolina will merge their managements in a combined structure that will retain the Cambia name. The two not-for-profits said they aim to bolster their investments and speed progress in developing new health-data approaches and consumer tools, among other...

Source: Wall Street Journal March 12, 2019 17:26 UTC