Which of the following statements about Blue Cross and Blue Shield pla

Which of the following statements about Blue Cross and Blue Shield plans is (are) true?

I. Blue Cross and Blue Shield plans can be organized on a nonprofit basis or on a for-profit basis.
II. Blue Cross provides coverage for hospital services; Blue Shield provides coverage for physicians’ and surgeons’ fees.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: C