Independence Blue Cross and Blue Cross Blue Shield of Michigan partner to expand services to Medicaid beneficiaries nationally through AmeriHealth Mercy

Press Release

August 9, 2011
Philadelphia, PA - Two of the nation’s largest not-for-profit Blue health insurers, Independence Blue Cross (IBC) and Blue Cross Blue Shield of Michigan (BCBSM), announced this morning that they will be partnering to expand services to Medicaid beneficiaries nationally through the AmeriHealth Mercy Family of Companies, a top-tier, best-in-class Medicaid managed care organization headquartered in Philadelphia.

IBC is the leading health insurer in Southeastern Pennsylvania with 3.1 million members and BCBSM is the leading health insurer in Michigan with 4.3 million members. IBC has shared equal ownership of AmeriHealth Mercy since 1996 with the area’s largest Catholic health system, Mercy Health System. Through the transaction announced today,Mercy Health Plan’s (a subsidiary of Mercy Health System) interest in AmeriHealth Mercy will be acquired and IBC and BCBSM will provide additional capital to support AmeriHealth Mercy's expected growth.

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Fact Sheets

• Independence Blue Cross - Corporate Fact Sheet
• Independence Blue Cross - At a Glance
• Blue Cross Blue Shield of Michigan - At a Glance
• AmeriHealth Mercy Family of Companies - Corporate Fact Sheet
• Medicaid - Fact Sheet

Executive Biographies

• Daniel J. Hilferty
  President and CEO, Independence Blue Cross

• Daniel J. Loepp
  President and CEO, Blue Cross Blue Shield of Michigan
• Michael A. Rashid
  President and CEO, AmeriHealth Mercy Family of Companies

News Briefing Call

• Read the transcript of the August 9, 2011 Independence Blue Cross of Philadelphia and Blue Cross Blue Shield of Michigan conference call.

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Independence Blue Cross and Blue Cross Blue Shield of Michigan will be partnering to expand services to Medicaid beneficiaries nationwide through AmeriHealth Mercy. From left to right: Daniel J. Hilferty, Independence Blue Cross president and CEO; Daniel J. Loepp, Blue Cross Blue Shield of Michigan president and CEO; and Michael A. Rashid, AmeriHealth Mercy Family of Companies president and CEO.

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Independence Blue Cross	Blue Cross Blue Shield of Michigan	AmeriHealth Mercy Family of Companies