Tuesday, May 21, 2013

Latest news, weather, high school sports for Michigan’s Upper Peninsula

Medical insurance company might pay property taxes
Posted: 02.09.2013 at 10:36 PM
Steve Asplund

Assistant News Director/Anchor

Read more:  Local, News, Property Taxes, Blue Cross Blue Shield, Money, Pay, Legislature

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Blue Cross Blue Shield faces $4 million in property taxes

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MARQUETTE -- The change in status for Blue Cross Blue Shield of Michigan will have them paying some $4 million a year in local property taxes.

Two point six million dollars ($2.6 million) would go to cash-strapped Detroit. The rest would be for offices around the state, including the one in Marquette.

The change for the "blues" is not official yet.

The legislature and Governor Rick Snyder have yet to sign off on the proposed overhaul.
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