September 26, 2015 |
The Blue Cross Blue Shield Association on Thursday unveiled an expanded database that will help individual Blues, like Philadelphia's Independence, drill down into the cost of care for their corporate customers who have operations nationwide. "We as Blues are taking seriously the challenge of, while maintaining our individual nature, being seen as a national player," said Daniel J. Hilferty, chief executive of Independence Health Group, parent of Independence Blue Cross. The Blue Cross Blue Shield Association, whose members cover 105 million Americans, has maintained a claims database for a decade, and Independence has contributed for years.
August 31, 2015 |
As Dan Hilferty sat in St. Peter's Square in March 2014, waiting for Pope Francis to address thousands of pilgrims, a Vatican cleric walked over to him. "Are you Dan Hilferty? I used to work for you," the young man said. The cleric, who went on to translate the pope's address into English that day, had worked for Independence Blue Cross's public relations department before becoming a priest in the Philadelphia Archdiocese and moving to Rome on assignment. As CEO and president of Independence Blue Cross, Hilferty, 58, of Ardmore, has connections around the region and the world.
August 24, 2015 |
The tsunami of mergers announced last month - Aetna's purchase of Humana and Anthem's purchase of Cigna - is expected to transform the health insurance industry, if the deals survive antitrust scrutiny by regulators. The consolidation will create three national giants, including UnitedHealth Group Inc., each with more than $100 billion in annual revenue, and add to the pressure on smaller Blue Cross-Blue Shield operators to merge. But don't count Independence Blue Cross, the region's largest health insurer and a major Center City employer, among those on the ropes.
August 14, 2015 |
United Way of Greater Philadelphia and Southern New Jersey named Bobby Keyes, vice president and general manager of car rental firm Enterprise Holdings, chairman of its 2015-16 fundraising campaign. Vice chairman for the campaign is Daniel J. Hilferty, president and chief executive of Independence Health Group, the parent of Independence Blue Cross. Last year's regional United Way campaign raised $58.3 million. This year's goal is $60 million, the organization said.
June 28, 2015 |
M.L. Simone isn't averse to risk. You might remember Simone, the self-proclaimed "most-educated coffee pourer in Philadelphia," who has a business degree and an art administration degree, and who first shared her insurance story here in December. She opened Hinge Cafe, a coffee bar/art gallery in Port Richmond when it was still a Maxwell House Coffee-drinking, blue-collar neighborhood. In Hinge's early years, Simone also risked not having health insurance. Starting a business put health insurance low on her list of priorities, not to mention that she couldn't afford it. But when her daughter was born five years ago, Simone jumped into the pre-Affordable Care Act individual health insurance market, paying a $600 monthly premium.
June 17, 2015 |
Independence Blue Cross and Thomas Jefferson University and Hospitals will begin collaborating July 1 to fund innovations in health care and help identify and potentially give seed money to in-house entrepreneurs. Called the Independence Blue Cross-Jefferson Health Innovation Collaboration, the $2 million partnership will be funded evenly by IBC's Blue Cross Center for Health Care Innovation and Jefferson's Innovation Pillar. The partnership creates an entrepreneur-in-residence at Jefferson and funds a fall 2015 "hackathon," an entrepreneurship curriculum, and a business speaker series for medical students and faculty.
May 28, 2015 |
A new group - backed by the region's largest health insurer, its top academic medical centers, Comcast Corp., and others - wants to roll out the red carpet for health-care start-ups in the Philadelphia region. The Health Care Innovation Collaborative grew out of a CEO Council for Growth task force chaired by John Fry, president of Drexel University, and Dan Hilferty, president and chief executive of Independence Blue Cross. The collaborative is to be announced Wednesday at the Greater Philadelphia Chamber of Commerce's annual State of the Region meeting in Center City.
April 8, 2015 |
Independence Health Group Inc., the nonprofit holding company for Independence Blue Cross and other businesses affiliated with the Philadelphia region's largest health insurer, on Monday reported a decline in annual net income for the third year in a row. The drop, to $69.18 million last year from $142.64 million in 2013, came despite a 19 percent gain in revenue, to $13.2 billion, and the addition of two million members to Independence's operations...
April 5, 2015 |
After two months of trying to get Independence Blue Cross to correct what seemed like a fairly simple problem, Anthony Goldsmith finally ran out of patience. On Feb. 25, the Media psychologist filed a formal complaint with the company for billing him for the wrong plan, denying his claims, and threatening to terminate his health insurance. If anything, Goldsmith's experience with Independence shows that transferring health insurance data, even internally from one plan to another, can be problematic.
March 15, 2015 |
When Peter and Alison Roithmayr logged onto healthcare.gov to buy insurance in December, they were impressed with the new, user-friendly Affordable Care Act website. The Malvern couple, who had bought a plan in 2013 on the error-prone website, noted how healthcare.gov had improved and "let you do a nice comparison" of plans. Far more reliable, the site generally got good reviews - from consumers. But by most accounts, the site's "back-end," where consumer data is transferred between the website and insurers, is still a mess.