Sunday, April 29, 2018 12:47 AM

BLUECROSS HAS $1.6 BILLION ECONOMIC IMPACT ON TENNESSEE

Dr. Bill Fox, director of the University of Tennessee Center for Business and Economic Research, answers questions during the State Funding Board meeting on Wednesday, Nov. 30, 2005, in Nashville, Tenn. (AP Photo/Mark Humphrey) Dr. Bill Fox, director of the University of... Photo by MARK HUMPHREY Blues generate green for Tennessee $1,596 billion income generated $367.9 million tax revenue generated 18,043 jobs generated Source: Boyd Center for Business and Economic Research, University of Tennessee BlueCross employment & payroll Chattanooga, 5,003 jobs with $475.5 million payroll Nashville, 489 jobs with $53.4 million payroll Memphis, 324 jobs with $29.1 million payroll Knoxville, 112 jobs with $11.2 million payroll Tri-cities, 94 jobs with $9.3 million payroll Jackson, 60 jobs with $9.3 million payroll Tennessee's biggest health insurer is helping to insure both the physical health of the state's residents and the fiscal health of Tennessee's economy, especially in its hometown of Chattanooga, a new study shows. By having its corporate headquarters and regional offices within the state, BlueCross BlueShield of Tennessee brought in an estimated $1.6 billion in income and $367.9 million in tax revenue to Tennessee's economy, according to an economic impact analysis of the company released today. The Boyd Center for ...

News source: Times Free Press

See also: Grace Frank Group