A term referring to Lloyd’s Shipping Index.
Insurance Encyclopedia
Blue Shield
An independent, non-profit membership corporation providing protection against the costs of surgery and other items of medical care in a limited geographical area.
***
An independent, not for profit, membership US corporation providing protection against the costs of surgery and other items of medical care in USA.
***
MEDICAL,USA: Insurance programs that provide protection against the costs of hospital care, surgery, and other items of medical care. Most are nonprofit organizations offering prepaid health care services for their subscribers.
Blue Shield (Health Insurance)
A medical or surgical expense plan. Blue Cross and Blue Shield are both under the same national federation of independently owned companies. Blue Cross covers hospital expenses, and Blue Shield covers medical and surgical costs.
Blue Shield logo
Registered symbol of the Blue Cross and Blue Shield Association that is used to identify all Blue Shield plans. It depicts a caduceus that is the Greek healing symbol over a shield in blue that signifies protection. The Buffalo, New York, plan designed the logo in 1929 based on the U.S. Army Medical Corps insignia. Also see Blue Cross logo .
Blue Shield plan
Corporation that administers a voluntary prepayment medical/surgical/hospital program in a specific region and operates under the membership standards of the Blue Cross and Blue Shield Association (BCBSA). Individuals or groups that join the plan are called members or subscribers and providers of service that contract with the Blue plan are called member physicians . Also see Blue Cross plan .