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- Highmark and Independence Blue Cross Withdraw Applications to Combine
- PHILADELPHIA and PITTSBURGH, Jan. 21 /PRNewswire/ -- Highmark Inc. and Independence Blue Cross IBC announced today that they have withdrawn their applications to the Pennsylvania Insurance Department PID to combine the two companies. They submitted the applications to the PID in April 2007. In a joint statement, Kenneth...
- Research articles 2009-01-21
- Report: Blues merger would save money, but competition saves even more
- Independence Blue Cross and Highmark Inc. promise that their proposed merger would benefit the public to the tune of more than a billion dollars in six years. But if Pittsburgh's Highmark entered the Philadelphia market as a competitor to Independence Blue Cross, rather than a collaborator, insurance customers and health-care...
- Research articles 2008-09-12
- The question of which jobs Blues would cut in a merger
- In recent months, Independence Blue Cross has steadily eliminated positions - six enrollment quality data analysts, eight enrollment specialists, two enrollment supervisors - 54 jobs in all, according to internal documents. The Philadelphia-based health insurer says the reductions have nothing to do with its proposed merger with Highmark Inc., of...
- Research articles 2008-08-10
- A hearing on Blues merger gets arcane
- It was almost as if economists had donned armor, grabbed lances, and charged into battle over the proposed merger of Independence Blue Cross and Highmark Inc. The economists were jousting during recent statewide hearings over the issue of competition, with each side sending its best hired brains into the fray....
- Research articles 2008-07-27
- Insurance deal draws support
- Two insurance brokers, and a union leader and an office-furniture dealer came to the same conclusion but from different points of view. In today's business climate, it's either grow or die. That's why, at a public hearing yesterday, they urged Pennsylvania Insurance Commissioner Joel Ario to approve a consolidation between...
- Research articles 2008-07-17
- Insurers pressed on competition at merger hearing
- HARRISBURG - When it comes to their proposed merger to create the state's largest insurer, executives at Independence Blue Cross and Highmark Inc. insist they won't play hardball when it comes to negotiating with doctors and hospitals over payments for their services, despite their market clout. But the head of...
- Research articles 2008-07-11
- Pa. insurer-merger hearings focus on competition
- PITTSBURGH - When Carrie Schuck's father died 11 years ago, Schuck, now a 21-year-old college senior, couldn't find anyone who could relate to a 10-year-old's sense of loss and instability. "Even my teachers didn't understand," she said, her voice shaking, describing the isolation she felt when her classmates made cards...
- Research articles 2008-07-09
- Benefits firms worry about 2 insurers' merger
- Like all merging companies, health insurers Highmark Inc. and Independence Blue Cross talk a lot about synergy - combining elements of their businesses to create a stronger whole. And that's what worries businessman Harry Kovar. Kovar says he thinks the proposed merger, which would create Pennsylvania's largest health insurer, might...
- Research articles 2008-07-01
- Blue Cross, Highmark paying agency's advisers
- A hearing on the proposed Independence Blue Cross and Highmark Inc. merger took an unexpected twist in Harrisburg yesterday. Instead of focusing on the merger, which would create the largest health insurer in the state, it was all about how much the Insurance Department's consultants were being paid - and,...
- Research articles 2008-06-12
- Top salaries key to approval of Blues merger
- The question from the Pennsylvania deputy insurance commissioner could not have been more detailed. The official, Stephen J. Johnson, demanded that the top executives of the state's two largest Blue Cross plans disclose every last nuance about their future pay as Independence Blue Cross and Highmark Inc. pursue a merger....
- Research articles 2007-12-02
- Senators eye savings from Blues merger
- If Independence Blue Cross and Highmark Inc. want their proposed merger to go through, they had better make sure that Pennsylvania lawmakers get a say in how the two nonprofit organizations spend any savings from the deal.That was the message delivered clearly yesterday to Kenneth R. Melani and Joseph A....
- Research articles 2007-10-31
- A mixed bag: brokers try to sort out the possible effects of a proposed merger between Highmark and Independence in Pennsylvania.(Health/Employee Benefits: Highmark/Independence Merger)
- The proposed merger of Highmark Inc. and Independence Blue Cross has brokers on both sides of the fence as they consider how combining Pennsylvania's two largest health plans would affect them and consumers. Some brokers believe a union would result in administrative efficiencies...
- Research articles 2007-07-01
- U.S. agencies OK merger of insurers
- The Federal Trade Commission and the Department of Justice's antitrust division have put their seals of approval on the proposed merger of Independence Blue Cross and Highmark Inc."This is a really positive sign that they did not find any antitrust or any competitive issues," said Independence Blue Cross spokeswoman Elizabeth...
- Research articles 2007-05-31
- Pa. insurance bill proceeds despite veto threat
- A broadened version of a bill that would bolster the regulation of mergers of health insurers moved ahead in the legislature last week, even though Gov. Rendell has threatened to veto it.The legislation has taken on urgency as Pennsylvania's Insurance Department must decide whether to approve the merger of Independence...
- Research articles 2007-05-07
- Pa. insurance giants want to keep a secret
- The state's two largest health insurers have filed a forest of paperwork - nearly 30,000 pages of documentation as of Friday - in connection with their proposed merger.But Independence Blue Cross and Highmark Inc. want Pennsylvania's Department of Insurance to keep key components of the merger confidential.Here are some details...
- Research articles 2007-05-06
- Highmark, Independence defend deal
- Because Highmark Inc. subscribers and Independence Blue Cross subscribers live on opposite ends of the state, the proposed merger of Pennsylvania's largest health insurers won't harm competition - as critics have feared.That's what the two companies said in a massive filing posted online at 5:30 p.m. yesterday by the Pennsylvania...
- Research articles 2007-05-01
- Bill to set up review of Blues deal draws fire
- Even as the state House of Representatives prepares to vote on a bill today that would permit regulators to review the proposed merger of Pennsylvania's two largest health insurers, consumer advocates say the measure doesn't go far enough.Under current law, the Insurance Department regulates the for-profit subsidiaries of nonprofit companies,...
- Research articles 2007-04-18
- Questions abound in wake of proposed Blues mega-merger
- REGION A merger between Highmark Inc. and Independence Blue Cross would bring changes to Central Pennsylvania's health-insurance market. But it's too early to tell whether most of those changes would be good or bad for employers paying premiums. The potential marriage of the state's two largest health insurers...
- Research articles 2007-04-06
- Blues deal worries insurance brokers
- Some area health insurance brokers are pessimistic about what the proposed merger of Independence Blue Cross and Highmark Inc. will mean for them and their customers.Brown & Brown Consulting, a Philadelphia-based employee-benefits firm, surveyed 84 brokers who help small businesses with fewer than 100 employees buy health insurance for their...
- Research articles 2007-04-06
- Public hearing on Blues deal here Monday
- Executives from Independence Blue Cross and Highmark Inc. will answer questions at a public hearing Monday in Philadelphia about the effect of the proposed merger of the state's two largest health insurers.Sen. Arlen Specter (R., Pa.) released a letter yesterday asking the two companies' chief executive officers, Joseph A. Frick...
- Research articles 2007-04-05
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