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Blue Shield answers critics, says it’s on track toward fulfilling Care1st merger pledges
San Francisco Business Times

Blue Shield of California, which won approval from state regulators in October to acquire Care1st Health Plan for $1.2 billion, says it’s made “substantial progress” toward fulfilling pledges it made to get that deal approved. That includes making a $35 million contribution to its Blue Shield of California Foundation and making a $2 million grant to the Legal Aid Society of San Diego as the first in a series of five such annual contributions required by regulators.