Blue Cross Blue Shield buys Florida Health Care for $85 million

Florida Health Care Plan Inc. is being sold to Blue Cross Blue Shield of Florida for $85 million. Following the sale, Florida Health Care will continue present operations and organization as a community-based, locally managed health plan available to Volusia and Flagler County residents. Its 57,000 members will have immediate access to an expanded statewide and nationwide network of Blue Cross services and healthcare providers.