via Philly.com
By Jane M. Von Bergen and Angela Couloumbis
Inquirer Staff Writers
In the end, fears that competition would be quashed brought down what would have been a health insurance Goliath in Pennsylvania.
The petition for the proposed merger of Philadelphia's Independence Blue Cross and Pittsburgh's Highmark Inc., the state's two largest health insurers, was...
Wednesday, January 21, 2009
State sets conditions for health insurance merger
via Philly.com
By Jane M. Von Bergen and Angela Couloumbis
Inquirer Staff Writers
Amid signs that Pennsylvania's insurance commissioner is laying out a course for Independence Blue Cross and Highmark Inc. to follow as they pursue their proposed and controversial merger, members of the boards of the two insurers are meeting today.
Even though by law an official decision can...
Friday, December 19, 2008
Decisions on Blue Cross merger, conversion due in 2009
Philadelphia Business Journal - by John George
For Blue Cross organizations on both sides of the Delaware River, 2009 will be a pivotal year with respect to their long-term strategic planning.
Center City-based Independence Blue Cross, the region's 500-pound gorilla of a health insurer, could learn within the first month of the new year whether Pennsylvania Insurance Commissi...
Thursday, December 18, 2008
Horizon Blue Cross goes ahead with conversion plan
Philadelphia Business Journal - by John George Staff Writer
NEWARK, N.J. - Horizon Blue Cross Blue Shield of New Jersey has no plans to abandon its efforts to convert to for-profit status, despite the downturn in the economy that has left Wall Street with little appetite for initial public stock offerings.
"We have not withdrawn our application and are continuing to move forwa...
Friday, December 12, 2008
Horizon Blue Cross goes ahead with conversion plan
Philadelphia Business Journal - by John George Staff Writer
NEWARK, N.J. - Horizon Blue Cross Blue Shield of New Jersey has no plans to abandon its efforts to convert to for-profit status, despite the downturn in the economy that has left Wall Street with little appetite for initial public stock offerings.
"We have not withdrawn our application and are continuing to move forward," sa...
Wednesday, December 03, 2008
Michigan Blue Cross Makes Bid for Aid
via the Wall Street Journal
As Detroit's auto makers seek aid in Washington, Michigan's biggest health insurer is arguing that it needs a rescue of sorts too.
Blue Cross Blue Shield of Michigan has asked state lawmakers to give it more flexibility over the premiums it charges, reduce regulators' power to intervene and toughen regulations for its rivals. If the not-for...
Tuesday, November 25, 2008
Newton Memorial and Horizon Blue Cross: What the change in relationship will mean to you
via the Sparta Independent
After six months of negotiations, Horizon Blue Cross Blue Shield of New Jersey let its contract with Newton Memorial Hospital lapse without agreeing to fair and reasonable contractual terms like other commercial payers. While this is not the result any of us would have preferred, I want to assure you that your continued access to Newton Memorial's services r...
Thursday, November 20, 2008
Horizon, watchdog spar over Medicaid's future in plan
BY GREGORY J. VOLPE - GANNETT STATE BUREAU - NOVEMBER 20, 2008
TRENTON -- Horizon Blue Cross Blue Shield of New Jersey disputed a watchdog group's claim today that it plans to drop Medicaid coverage if state officials approve its application to convert to a for-profit company.
That was among the concerns raised today by members of Horizon Watch Coalition, a group that has rec...
