<Tr> <Th> Floor count </Th> <Td> 17 / 21 </Td> </Tr> <P> Horizon Blue Cross Blue Shield of New Jersey, headquartered in Newark, New Jersey is the only licensed Blue Cross and Blue Shield Association plan in New Jersey, providing health insurance coverage to over 3.2 million people throughout all of North, Central, and South Jersey . </P> <P> It is a not - for - profit health service corporation with a 15 - member Board of Directors which governs the company for its members . There are no shareholders . Horizon Blue Cross Blue Shield of New Jersey is best known for their managed care and traditional indemnity plans for individuals and employers . </P> <P> Horizon BCBSNJ traces its history back to 1932 when Associated Hospitals of Essex County, Inc. was formed as a multi-hospital prepayment plan . The company later became the nation's first Blue Cross Plan . </P>

Who owns horizon blue cross blue shield of nj