Highmark and Blue Cross and Blue Shield Kansas City have announced plans to affiliate. The insurers revealed that they will enter into an affiliation where Blue Cross KC will maintain its local brand and operations, but will be able to tap into Highmark’s resources to accelerate innovation for its members. Highmark is the fifth-largest Blues plan in the U.S. Through the affiliation, Blue Cross KC’s financial reserves and earnings will remain within its organization, and Highmark will support its evolution through administrative capabilities, technology and new tools to enable the insurer to build new products and operational efficiencies.
Read the full article: Highmark, Blue Cross KC Announce Affiliation Plans //
Source: https://www.fiercehealthcare.com/payers/highmark-blue-cross-kc-announce-affiliation-plans