Editorial: We’ll be watching HSI/Blue Cross deal to ensure fair shake

HSI Health Plans Inc.’s proposed sale to Blue Cross Blue Shield of Colorado bears extra scrutiny, given the health plan’s long history and dominant role within this community.

That scrutiny is especially appropriate given Blue Cross’ application with the Colorado Division of Insurance to convert to for-profit status. By state law, an amount equal to the company’s value must be transferred to a separate foundation; in this case, that’s to one focused on children’s health issues and the general health needs of Coloradans.

Even so, it’s a lot different for residents of Fort Collins and surrounding communities to support a home-town health-insurance…