STAT+: Many Blue Cross Blue Shield plans aren’t paying taxes — and instead are swimming in refunds

STAT reviewed the financial statements of 32 Blue Cross Blue Shield insurers. A dozen have collectively claimed billions in tax refunds, due to changes in corporate tax law.

The Blue Cross Blue Shield system of health insurance companies boasts on its website, “We take corporate responsibility seriously.” The insurers have offered “a neighborly helping hand as Americans weathered the crisis” of the coronavirus pandemic.

But that helping hand has also received billions of dollars from the federal government over the past four years as part of a tax system that has favored, and has been partly molded by, Blue Cross Blue Shield.

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