Highmark CFO Saurabh Tripathi told the publication that almost 8 out of 10 seniors who dropped Highmark last year over fears of losing in-network access to UPMC have returned. The Pittsburgh-based organizations signed a 10-year agreement to end the feud.
“We have seen customers returning back home,” Mr. Tripathi said. “We have seen good growth in senior [membership], and good growth in commercial.”
Highmark reported roughly $18 billion in revenue in 2019, down almost $800 million from the previous year. Much of the drop is linked to Highmark’s decision to sell its eye care business Visionworks, Mr. Tripathi told Trib Live.
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