Horizon_Blue_Cross_Blue_Shield_of_New_Jersey Knowpia

3 Penn Plaza East
3 Penn Plaza East
General information
Type	Office
Location	3 Penn Plaza East; Newark, New Jersey
Completed	1992
Owner	Horizon Blue Cross Blue Shield of New Jersey
Technical details
Floor count	17/21

Horizon Blue Cross Blue Shield of New Jersey, headquartered in Newark, New Jersey is the only licensed Blue Cross and Blue Shield Association plan in New Jersey, providing health insurance coverage to over 3.2 million people throughout all of New Jersey.

It is a not-for-profit^[1] health service corporation with a 17-member Board of Directors^[2] which governs the company for its members. There are no shareholders. Horizon Blue Cross Blue Shield of New Jersey is best known for their managed care and traditional indemnity plans for individuals and employers.

History edit

Horizon BCBSNJ traces its history back to 1932 when Associated Hospitals of Essex County, Inc. was formed as a multi-hospital prepayment plan. The company later became the nation's first Blue Cross Plan.

The insurance provider has long been based in Newark, for many years occupying 33 Washington Street, and now owning its own building at Penn Plaza East.

Awards and recognition edit

In January 2016, Horizon BCBS announced their newest endeavor to improve care quality and lower costs through their Omnia Health Alliance.^{[citation needed]} The new Omnia health insurance plans provide access to all of Horizon's network hospitals with some of them being designated as Tier 1 with greater cost savings for consumers.^[3]

References edit

^ "Horizon Blue Cross Blue Shield of New Jersey Named Among Top 10 Non-Profit Companies for Executive Women" (PDF). www.horizonblue.com. Retrieved 2019-06-05.
^ "Fast Facts - Horizon Blue Cross Blue Shield of New Jersey". www.horizonblue.com. Retrieved 2018-05-27.
^ "Review of Horizon BCBSNJ Omnia - Everything you need to know about Omnia Plans - NJ Insurance Plans - Mike Sheeran, CFP".