At a glance

Headquartered in Philadelphia, Independence Blue Cross is the region’s leading health insurer.

An independent licensee of the Blue Cross and Blue Shield Association in the five-county Philadelphia region, Independence and its subsidiaries offer a variety of indemnity and managed care health insurance products for individuals and employer groups, including Personal Choice PPO and Keystone Health Plan East HMO. The company also offers Medicare supplemental products and consumer-driven health plans.

Independence’s national health business includes administration of self-funded groups, network access arrangements, claims processing, and other services on behalf of the 38 independent Blue Cross and Blue Shield Plans across the country. Our participation in the BlueCard program offers our members benefits through the health care provider networks of other Blue Cross and Blue Shield Plans nationally and worldwide.

In addition, subsidiaries of Independence provide specialty services and products including third-party administration, pharmacy benefits management services, and workers’ compensation insurance. For 70 years, our commitment to the community, which we consider our social mission, has consistently been among our highest priorities as we strive to make a positive impact on the lives of thousands of people in our region through strategic giving, innovative programs, and strong volunteerism by our associates.

In 2008, we contributed $91 million to support our mission, including $49.7 million to help hold down the cost of providing individual health insurance programs to lower-income adults and children.

2008 Fast Facts

$11.4 billion

in total revenues

 

$156 million

paid in federal, state, and local non-payroll taxes

 

3.4 million

members served

 

47,979

employer groups served, 96.6 percent with fewer than 100 employees

 

158

hospitals and 36,257physicians and other health care professionals in our network

 

88 cents

out of each premium dollar used to pay for members’ medical care

 

$1.6 billion

economic impact on Pennsylvania

 

102,000

members’ claims processed each business day

 

$40 million

paid each business day to physicians and other health care providers for our members’ health care services