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ACHES is first to be certified to sell Blue Cross Senior CaliforniaCare Medicare coverage in SF Bay Area.


SAN FRANCISCO--(BUSINESS WIRE)--Aug. 4, 1995--Blue Cross of California's authorized agent, ACHES Insurance Services, Inc., is the first to be certified to sell Senior CaliforniaCare coverage in the San Francisco bay area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).

The San Francisco Bay Area, colloquially known as the Bay Area or The Bay
.

This certification allows ACHES to sell Senior CaliforniaCare coverage in all approved areas of the state. Senior CaliforniaCare is Blue Cross of California's new CMP CMP (cytidine monophosphate): see cytosine.


(1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information
 ("Competitive Medical Plan") Medicare risk contract Medicare risk contract Managed care An HMO-like format for delivering care under Medicare in which a Pt/client pays a flat fee to a Medicare risk contractor, which is then responsible for delivering health care; a person covered under an MRC receives only listed . Senior CaliforniaCare offers enhanced benefits to those with Medicare health insurance coverage, for no additional premium. It recently was approved by the federal Health Care Financing Administration Health Care Financing Administration,
n.pr department in the U.S. agency of Health and Human Services responsible for the oversight of the Medicaid and Medicare benefit programs, including guidelines, payment, and coverage policies.
 (HCFA HCFA
abbr.
Health Care Financing Administration


HCFA,
n.pr See Health Care Financing Administration.
) for sale in most major California counties.

ACHES Insurance Services, Inc. is a subsidiary of African-American Church Health & Economic Services, Inc. ("ACHES"). ACHES is teaming with Blue Cross of California to provide a variety of quality individual, small group and senior health plans to members of African-American church congregations and others. The Blue Cross health plans marketed by ACHES are available at no additional premium cost to enrollees.

ACHES is an integrated health services organization, founded by African-American church, medical, and other community leaders to develop and promote the delivery of high quality healthcare services primarily to the African-American community. A key objective of ACHES is to empower African-Americans economically and medically. The majority of the profits from ACHES' business will be retained in and reinvested in the African-American community, through a foundation administered by its churches, for the economic advancement of that community.

ACHES is a subsidiary of American Shared Hospital Services (AMEX AMEX

See: American Stock Exchange
, PSE PSE

1. pale soft exudative pork.

2. portosystemic encephalopathy.
: AMS for common stock, AMS.A for Notes), a diversified health care services company with headquarters in San Francisco.

CONTACT: American Shared Hospital Services, San Francisco

Richard Magary, 800/224-3714 (M-F, 8-5)

415/658-8003 (after hours)

415/431-2359 (home)
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 4, 1995
Words:286
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