Blue Cross Plan Doubles Housing Investments To Address Social Determinants [Forbes]
Anthem, Inc. (ANTM)
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Source: Forbes
Blue Cross Plan Doubles Housing Investments To Address Social Determinants One of the nation’s largest Blue Cross and Blue Shield plans is more than doubling its investments in housing and related support to the homeless and those who cannot afford rent as health insurers intensify their efforts to address social determinants of health. Blue Cross and Blue Shield of Illinois is investing $1 million in “housing and wraparound support services for members of Chicago’s homeless community to improve their health and reduce healthcare costs,” the plan, which is a subsidiary of Health Care Service Corp., the nation’s four largest health insurance company, said. Though the investment is a fraction of what other health insurers like UnitedHealth Group, CVS Health’s Aetna health plan subsidiary and Anthem have made in recent years, the Illinois Blue Cross investment shows how housing is turning into a health insurer strategy to address social determinants of health. “We know that factors outsi
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