Becker's Healthcare January 31, 2025
In January, some Blue Cross Blue Shield companies planned layoffs and buyouts to combat rising costs.
Here are 13 BCBS updates from January to note:
Executive moves
- Independence Health Group CEO Gregory Deavens plans to retire at the end of 2025. The company is the parent of Independence Blue Cross.
- Blue Shield of California named Lois Quam as its next CEO. Ms. Quam was previously the company’s president. The nonprofit insurer restructured, creating Ascendiun, a parent company to oversee its health plan and other offerings. Paul Markovich, the previous CEO of Blue Shield of California, was named CEO of Ascendiun.
- Blue Cross and Blue Shield of Illinois named Brian Snell as its new president. Former...
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