Filed Under:Health Insurance, Individual Health

Blue Cross asks regulators to approve merger

The Montana Blue deal could involve $18 million in direct payments and a contribution of about $100 million to a charitable foundation. (AP Photo/Mark Duncan)
The Montana Blue deal could involve $18 million in direct payments and a contribution of about $100 million to a charitable foundation. (AP Photo/Mark Duncan)

HELENA, Mont. (AP) — Blue Cross and Blue Shield of Montana has formally asked for approval of its proposed merger with the nation's fourth-largest health insurer.

The company said in a release Friday that it filed paperwork with the Montana commissioner of securities and insurance and the attorney general on the alliance with Health Care Service Corp. (HCSC).

Copyright 2016 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

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