Strong performance, diversification, and investments contribute to ongoing growth despite uncertainty in health care industry
Independence Health Group, Inc., (Independence) the parent company of Independence Blue Cross, LLC, reported strong financial results for 2017 with total revenue of $16.4 billion and net income of $77 million, or 0.5 percent of total revenue. Over the last five years, the company has increased revenue by 57 percent while consistently committing the overwhelming majority of each premium dollar — 86.4 cents in 2017 — to helping its members achieve and maintain good health. ... |