Executive moves, acquisitions and more: 13 BCBS updates

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Arkansas Blue Cross Undergoes Major Restructuring Amid $100M …

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Jan 20, 2025 · Max Greenwood, an ABCBS spokeswoman, said in response to emailed questions last week that “talks and collaboration [are] very common these days in the health care space, …

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Will 2 major BCBS insurers merge?

2 major BCBS insurers want to merge… sort of. Here’s what providers need to know. Two large operators of Blue Cross and Blue Shield (BCBS) health plans on Monday announced that they plan to merge their administrative, management, and other functions to create one combined structure. ...

Why did BCBS reorganize?

The move came after a deal for BCBS Louisiana to be acquired by Elevance Health fell through. Other insurers have reorganized in bids to stay competitive with for-profit rivals like UnitedHealth Group and Aetna. ...

Did Horizon Blue Cross Blue Shield reorganize in 2022?

In 2022, New Jersey regulators approved a proposal from Horizon Blue Cross Blue Shield to reorganize as a nonprofit mutual holding company, which allowed Horizon to acquire for-profit subsidiaries, though the reorganization faced court challenges. ...

Why did Blue Cross Blue Shield reorganize?

In 2023, former North Carolina Gov. Roy Cooper signed a bill allowing Blue Cross Blue Shield of North Carolina to reorganize as a nonprofit holding company. Representatives for the company also said the reorganization was necessary to allow it to compete with for-profit insurers. ...

Does ABCBs work with Cambia?

ABCBS, based in Little Rock, has had past dealings with Cambia. Since 2021, ABCBS has been working with Cambia, Blue Cross & Blue Shield of North Carolina and BlueCross BlueShield of Tennessee as part of the Echo Innovation Alliance, which was formed to support the development of innovative products and services to improve health. ...

What happened to Arkansas Blue Cross & Blue Shield?

After big losses in the first three quarters of 2024, Arkansas Blue Cross & Blue Shield cut 2% of its workforce in January, a total of 75 jobs. It also cut ties with some of its lobbyists, and is the subject of merger talks. (Steve Lewis) ...