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BlueCross pours billions into state economy
COLUMBIA -- BlueCross BlueShield of South Carolina contributes $4.8 billion a year to the S.C. economy, according to a study released Thursday.
"It is rare for one organization to have such a large impact on a local economy," states the report, conducted by the University of South Carolina's Moore School of Business. The insurance and technology giant's economic impact eclipses that of some whole sectors in the state, including information services and utilities, said Joey Von Nessen, the USC economist who conducted the report.
Source: Charleston Post Courier