| Press Release
Blue Cross Posts Positive 2016 Net Income Despite Continued ACA Losses
“The environment remained volatile this past year in our industry. While we saw fewer losses with ACA plans, these customers continued to need expensive medical services. Gains in other lines of business offset these losses,” said Blue Cross Chief Financial Officer Mitch Perry. “It’s still uncertain how changes in Washington will affect our customers in 2018. Despite these challenges, the company remains well-capitalized and financially strong.”