Statement By Bruce Bodaken Chairman & CEO, Blue Shield Of California

Western Region White House Forum On Health Reform Los Angeles, California

April 6, 2009

Our healthcare system is in desperate need of reform. With nearly 50 million Americans uninsured and skyrocketing costs that are bankrupting individuals, businesses and governments, the status quo is not an option.

In President Obama's February 24th speech to Congress, he said "let there be no doubt: healthcare reform cannot wait, it must not wait, and it will not wait another year." It is time to accept his challenge and embrace the changes that are necessary to ensure health coverage for every American.

Nothing can be off the table and every player must be prepared to give up something they hold dear. We're willing to change our business model as part of a new system of universal coverage and we hope the others at today’s meeting are willing to do the same. At summits like this one, we can't just talk about change…we must collaborate to make it happen.

About Blue Shield of California
Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.4 million members, 4,800 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company has contributed $100 million over the past three years to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.