BCBS of Delaware Surplus Now up to $181M

Blue Cross Blue Shield of Delaware earned $8 million in the first quarter of 2011, bringing its total surplus to $181 million, an increase of 48 percent since the end of 2008, according to a News Journal report.

Nationwide, Blue Cross plans have a surplus of $29 billion, compared to its $18 billion surplus at the end of 2008. This increase in surplus can be partly attributed to members foregoing medical services due to the economy.

Read the News Journal report on Blue Cross Blue Shield.

Related Articles on Blue Cross Blue Shield Finances:

BCBS of Massachusetts Repays Customers Former CEO's $4.26M Severance Pay
BCBS' $175M in Reserves Subject of Highmark Merger Bill

BCBS Parent Doubles Profits Since 2009 as Premiums Increase


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