Aug. 8, 2019
Highmark Health reported earning $627 million in revenue over expenses for the first half of the year thanks to strong growth in the company’s commercial and government business.
The company earned $75 million more in the first half of 2019 compared to the same period in 2018. Total consolidated revenues were $9.2 billion in the first six months.
Highmark made major gains in both its commercial and government insurance plans. Overall, the company has 4.4 million health plan customers.
The company’s commercial business delivered an operating gain of $151 million in the first half, according to a release. The government business that includes Medicare Advantage and Affordable Care Act exchanges also gained $269 million over the first six months of 2019.