Saturday, March 24, 2007

I Thought You Should Know

Since Penn State is about to embark on a relationship with Highmark, this news should be of interest to the folks in the Centre Region.

The boards of Independence Blue Cross, of Philadelphia, and Highmark Inc., of Pittsburgh, plan to meet separately Wednesday for a vote on merging the state's two largest health insurers.

'There's consensus to go forward,' said Patrick J. Eiding, one of the board members of Independence Blue Cross.

The two companies have talked about mergers before without reaching agreement, and the status of on-again, off-again negotiations has been a constant source of talk within the health insurance community.

What implication does this have for the University's healthcare plan?

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