Blue KC and Highmark Inc. announce plans to affiliate
We are pleased to share that Blue Cross and Blue Shield of Kansas City (Blue KC), the leading local not-for-profit health insurer in the Kansas City region, and Highmark Inc. (Highmark), a not-for-profit health insurer and the nation’s fifth largest Blue Cross and Blue Shield plan, have announced their plans to affiliate. This agreement is subject to regulatory approvals and satisfaction of customary closing conditions, which we expect could take six months or more to complete.
Through this affiliation, Blue KC will continue to operate as a not-for-profit company in Kansas City, maintaining its local leadership, trusted brand and commitment to accessible and affordable healthcare for members and the community for years to come.
There will be no immediate changes to your employees’ coverage as a result of our proposed affiliation.
Blue KC initiated the process to identify a partner that could help achieve efficiencies, add new capabilities and drive more affordable healthcare. Highmark was chosen based on its proven capabilities, shared values as a not-for-profit, mission-driven BCBS plan and track record of successful affiliations with other regional Blue plans.
Blue KC will gain access to Highmark’s diversified businesses and leading technology capabilities that will benefit Blue KC’s members, customers, providers and community.
Highlights of the affiliation include:
- Blue KC will continue as a locally governed, not-for-profit company headquartered in Kansas City.
- Blue KC will continue to use its local brand.
- Blue KC will continue its unwavering support for the community.
- Financial reserves and earnings remain at Blue KC, ensuring continued local reinvestment.
- Highmark will provide administrative capabilities, leading technologies and innovative tools to enhance Blue KC’s product offerings and operational efficiencies.
This affiliation with Highmark is more than a business decision; it is a purposeful step toward building a brighter future together, leveraging our combined strengths and shared vision to deliver even greater value to our members, communities and employees.
Together, Highmark and Blue KC will provide health insurance plans that serve nearly eight million members. Both organizations have been recognized for maintaining strong service to their members and customers and have a legacy of support to the community.
We value your continued partnership and are committed to providing you with timely updates as more information becomes available. In the meantime, please reach out to the Blue KC Sales Team with questions.
Please reference our press release to learn more about the affiliation.
