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Blue Cross Assets

September 22, 1998
By: Curt Holden
State Capital Bureau

Missouri taxpayers who helped pay for Blue Cross/Blue Shield of Missouri profit-making ventures since 1994 will now be the beneficiaries of a new health-care foundation.

Curt Holden reports from Jefferson City.

Non-profit designated Blue Cross/Blue Shield of Missouri tax-free assets transferred illegally into the for-profit, publicly traded subsidiary Right Choice Managed Care, Incorporated will be used to help uninsured and underinsured Missourians.

Chair of the Missouri House Critical Issues Committee Tim Harlan says such use of assets is a good plan.

Actuality:Harlan
RunTime: 25 SX
OutCue: "... appropriate use of the money."
Contents: Harlan says why Blue Cross/Blue Shield of Missouri assets should be for public use.

Harlan also says the assets could be used for schoolchildren screenings and providing treatment and medications to uninsured children.

Reporting from Jefferson City, I'm Curt Holden.