Rahul Sharma (Editor)

Independence Blue Cross

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Type
  
Private not-for-profit

Website
  
www.ibx.com

Headquarters
  
Philadelphia

Industry
  
Health Insurance

Founded
  
1938

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Key people
  
M. Walter D'Alessio, Chairman Daniel J. Hilferty, President and CEO

CEO
  
Daniel J. Hilferty (15 Dec 2010–)

Subsidiaries
  
AmeriHealth, Keystone First, Inc.

Parent organization
  
Independence Health Group, Inc.

Similar
  
Blue Shield of California, Blue Cross Blue Shield of Michigan, Blue Cross and Blue Shield of, Excellus BlueCross BlueShield, WELLMARK - INC

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Independence Blue Cross (IBC) is a health insurer based in Philadelphia, Pennsylvania in the United States. IBC is the largest health insurer in the Philadelphia area, serving more than two million people in the region and seven million nationwide.

Contents

Employing more than 7,000 people, the company offers a wide variety of health plans, including managed care, traditional indemnity insurance, Medicare, and Medicaid. Its network of health care providers includes nearly 160 area hospitals and more than 42,000 physicians and other health care professionals.

IBC is an independent licensee of the Blue Cross and Blue Shield Association.

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Company history

IBC began in 1938 as the Associated Hospital Service of Philadelphia and offered the first prepaid hospitalization plan in the region. Philadelphia Mayor S. Davis Wilson enrolled as the first member, and Independence Hall became the first employer group to purchase coverage.

By the end of its first year, the company had more than 160,000 members. By 1958, it employed 600 people and contracted with 94 hospitals. In 1964, the company changed its name to Blue Cross of Greater Philadelphia and in 1988, began doing business as Independence Blue Cross.

In October 2011, IBC launched a private, charitable foundation — the Independence Blue Cross Foundation.

Subsidiaries and affiliates

In addition to health care benefits, IBC offers specialized services and managed care through its affiliates and subsidiaries.

  • QCC Insurance Company
  • Keystone Health Plan East
  • Independence Administrators
  • AmeriHealth
  • AmeriHealth Administrators
  • AmeriHealth Casualty
  • AmeriHealth Caritas
  • CompServices, Inc.
  • NaviNet, Inc.
  • References

    Independence Blue Cross Wikipedia