September 29, 2016 4:50 AM ET

Insurance

Company Overview of Capital BlueCross Inc.

Company Overview

Capital BlueCross Inc., together with subsidiaries, provides health insurance products and services to groups and individuals in Pennsylvania. It offers individual and family health plans, Medicare, individual short term plans, children's health insurance programs, international health plans, wellness plans, and pet insurance. The company also offers healthcare coverage plans and stop-loss insurance, health maintenance organization coverages, and a range of supplement insurance products; and data analytics and digital health technologies. Capital BlueCross Inc. was formerly known as Capital Hospital Service, Inc. and changed its name to Capital BlueCross Inc. in January 1965. The company was...

2500 Elmerton Avenue

Susquehanna Township

Harrisburg, PA 17177-9799

United States

Founded in 1937

Phone:

717-541-7000

Fax:

717-541-6915

Key Executives for Capital BlueCross Inc.

Chief Executive Officer, President and Director
Chief Financial Officer, Senior Vice President and Treasurer
Executive Vice President of Business Platforms & Solutions and Chief Executive Officer of Geneia
Chief Compliance Officer and Senior Vice President of Risk Management
Vice President and General Counsel
Compensation as of Fiscal Year 2016.

Capital BlueCross Inc. Key Developments

Capital Bluecross Appoints Scott Frank as New Chief Information Officer

Capital BlueCross announced Scott Frank as the company's new chief information officer. Frank comes to Capital BlueCross from Aetna/Coventry Health Care in Pittsburgh, where he served as executive director of information technology. Frank will manage a team of professionals and ensure the technology needs of Capital BlueCross are met to the highest standard. He will also partner with business areas to implement innovative technology solutions to best serve the customer.

Ritter Insurance Marketing Signs FMO Contract with Capital BlueCross to Sell Individual Medicare Advantage Plans Through External Insurance Agents

Ritter Insurance Marketing on September 16, 2015, signed a Field Marketing Organization (FMO) agreement with Capital BlueCross of Harrisburg, Pennsylvania, that allows contracted external insurance agents to market Capital BlueCross individual Medicare Advantage Prescription Drug (MAPD) and Medicare Supplement products beginning October 1 for the 2016 plan year. The terms of the agreement were not released. Agents are eligible to sell these products as long as they are licensed with the Commonwealth of Pennsylvania, appointed by Capital BlueCross, and successfully complete Capital's compliance and product certification. Capital BlueCross offers Medicare Advantage Prescription Drug plans in Adams, Berks, Centre, Columbia, Cumberland, Dauphin, Franklin, Fulton, Juniata, Lancaster, Lebanon, Lehigh, Mifflin, Montour, Northampton, Northumberland, Perry, Schuylkill, Snyder, Union, and York counties.

Capital Blue Cross Appoints Dr. Jonathan Hjelm as Director, Pharmacy Operations

Capital Blue Cross announced that Dr. Jonathan Hjelm has joined the company as director, Pharmacy Operations. Dr. Hjelm brings 11 years of pharmacy experience to support Capital BlueCross' commercial pharmacy product and operations. His primary responsibilities include setting benefit, financial and clinical pharmacy strategy, managing specialty pharmacy operational activities, overseeing pharmacy benefit manager and vendor relationships, and handling state regulatory and audit functions. Prior to arriving at Capital BlueCross, Dr. Hjelm worked for Pharmastar PBM, which provided him with in-depth knowledge of pharmacy benefit management operations and a thorough foundation of Managed Care.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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