business
Hearing set for Delaware Blues-Highmark affiliation
NEWS IN BRIEF — Posted Dec. 27, 2010
The Delaware Insurance Dept. has scheduled a Jan. 18 hearing at the department's offices to examine the potential effects of Blue Cross Blue Shield of Delaware becoming part of Pittsburgh-based Highmark.
The public may attend but will not be able to speak against or in favor of the affiliation. Interested groups and individuals have until Dec. 28 to ask the insurance department for permission to submit written comments and testify at the hearing.
The Delaware Blues plan announced its intention to become a Highmark affiliate on Aug. 20. Delaware Blues executives said the affiliation would help the Blues invest in technology and take advantage of Highmark's scale. The Delaware plan has 400,000 members to Highmark's 4.7 million. Highmark and the Delaware Blues are nonprofit plans.
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Note: This item originally appeared at http://www.ama-assn.org/amednews/2010/12/27/bibf1227.htm.
