News Headlines Article

Blue Shield of California to add 500,000 enrollees with purchase of Care1st Health Plan
Sacramento Business Journal

Blue Shield of California has agreed to purchase Care1st Health Plan, a Monterey Park-based Medicaid and Medicare specialist that boasts more than 524,000 enrollees. Terms were not announced, but the all-cash transaction is expected to close in the second half of 2015, subject to standard conditions, including regulatory approvals in California, Arizona, Texas and at the federal level.