PMA represents Triple-S in its acquisition of La Cruz Azul de Puerto Rico

PMA represented Triple-S, the largest managed care company in Puerto Rico, serving approximately 1.3 million members, or about 30% of the island’s population, in the purchase and integration of certain managed care assets of La Cruz Azul de Puerto Rico, Inc., which closed on July 1, 2009. In addition, the Blue Cross Blue Shield Association also granted Triple-S the license for the Blue Cross brand in Puerto Rico and the Blue Cross Blue Shield brands in the U.S. Virgin Islands. As a result of this acquisition, Triple-S acquired the exclusive right to use the Blue Cross and Blue Shield names and marks throughout Puerto Rico and the U.S. Virgin Islands.