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Cambia Health Solutions, the parent company of four Blue Cross Blue Shield plans, and Blue Cross Blue Shield of North Carolina, are joining forces, the health insurers said March 12.

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Health Care Service Corp., the nonprofit parent company of five Blue Cross Blue Shield health plans, posted net income of $4.1 billion in fiscal year 2018, according to financial documents.

The CEO of nonprofit Blue Cross Blue Shield of Michigan received $19.2 million in total compensation in 2018 — a record for the health insurer, according to the Detroit Free Press.

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