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Anthem's Bid Latest in Blues Consolidation

MANAGED CARE June 2002. © MediMedia USA
News and Commentary

Anthem's Bid Latest in Blues Consolidation

MANAGED CARE June 2002. ©MediMedia USA

The age of the "Super Blues" may be dawning, thanks to the consolidation of Blue Cross and Blue Shield health plans. That's the opinion of some experts after Anthem's $4 billion purchase of Trigon Health Care.

There are 43 Blues plans today, far fewer than what existed in earlier years.

Mike Taylor, a principal with Towers Perrin, tells Business Insurance magazine that "there's going to emerge three or four Super Blues" and Anthem will be among them.

The deal, to be finalized in three to six months, would make Anthem the largest owner of Blue Cross plans, covering about 10 million people in 10 states.

"Anthem is acquiring a very strong Blues plan that has a strong market share and has a good track record of earnings," Douglas L. Meyer, senior director at Fitch IBCA, tells Business Insurance.

Meetings

Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014