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Blue Cross plans more big mergers. (Blue Cross-Blue Shield of Illinois)

By Oloroso, Arsenio, Jr.
Publication: Crain's Chicago Business
Date: Monday, February 5 1996

For insurer, Texas deal just a start

The dealmaking isn't over for Blue Cross-Blue Shield of Illinois.

The state's largest health insurer - which last week announced its merger with Blue Cross-Blue Shield of Texas - is looking to add five or more merger partners in an attempt to become a national managed care powerhouse.

The strategy is designed to greatly expand Blue Cross-Blue Shield of Illinois' reach geographically in the next two years. The target customers: large employers among the Fortune 500 that increasingly are buying health insurance coverage

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