MCMURRAY, Pa.--(BUSINESS WIRE)--Blue Cross and Blue Shield (BCBS) organizations’ combined membership comprised 37% of total U.S. health insurance enrollment, or 119.7 million members nationwide as of September 30, 2023, based on statutory reporting. The leading BCBS affiliated insurers with over $14 billion in revenue as of September 30, 2023, include: Elevance (formerly Anthem), Health Care Service Corp. (HCSC), Guidewell Mutual Holding Group, Independence Blue Cross, and Blue Shield of CA. In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA), www.markfarrah.com, analyzed profit margins of BCBS plans, comparing year-to-date performance from third quarter 2020 to third quarter 2023.
“Improved Profit Margins for Aggregate Blue Cross & Blue Shield Plans in Third Quarter 2023”
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About Mark Farrah Associates (MFA)
Mark Farrah Associates (MFA) is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Our product portfolio includes Health Coverage Portal™, County Health Coverage™, Medicare Business Online™, Medicare Benefits Analyzer™, 5500 Employer Health PLUS, and Health Plans USA™. For more information about these products, refer to the informational videos and brochures, available under the Our Products section of the website (www.markfarrah.com) or call 724-338-4100. Follow us on LinkedIn!