Blue Cross Blue Shield of Georgia Signs Agreement with State of Georgia.Business Editors ATLANTA--(BUSINESS WIRE)--April 29, 2004 Blue Cross Blue Shield of Georgia (BCBSGa) today announced a new administrative services agreement to continue processing health benefit claims for Georgia's Department of Community Health's State Health Benefit Plan and for the University System of Georgia's Health Benefit Plan. BCBSGa currently serves 394,000 members through the State Health Benefit Plan and 63,000 members through the University System of Georgia's Health Benefit Plan. Monye Connolly, General Manager for BCBSGa's State of Georgia account, said, "We are proud and delighted to continue to serve their health benefit needs. BCBSGa is honored that Georgia has relied upon our dedicated customer service associates since 1977." The new agreement is effective July 1, 2004 for the State Health Benefit Plan and January 1, 2005 for the University System's Health Benefit Plan. The agreement is for one year with three annual renewal options. Blue Cross Blue Shield of Georgia serves more than 3.1 million medical members and is the oldest and largest health benefits company in Georgia. Blue Cross Blue Shield of Georgia is an operating subsidiary of WellPoint Health Networks Inc. (NYSE NYSE See: New York Stock Exchange :WLP WLP WebLogic Portal (Bea Systems) WLP Wafer Level Packaging WLP Women's Learning Partnership (Bethesda, MD) WLP Workplace Learning & Performance WLP World Library Partnership, Inc. ), the nation's second largest publicly traded health care company serving the health care needs of more than 15.3 million medical members and approximately 46 million specialty members nationally. WellPoint offers a broad spectrum of quality network-based health products including open access PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there , POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale and hybrid products, HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, and specialty products. Specialty products include pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. , dental, utilization management, vision, mental health, life and disability insurance, long term care insurance, flexible spending accounts, COBRA administration, and Medicare supplements. Blue Cross Blue Shield of Georgia can be found on the web at www.bcbsga.com. Blue Cross Blue Shield of Georgia is an independent licensee of the Blue Cross and Blue Shield Association
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