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2019 Annual Report

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  • Previous Annual Report
  • CEO Perspective
  • Power of Partnerships
    • Collaborating to Benefit Consumers
    • Delivering an Unparalleled Experience
    • Meeting Our Members' Needs
    • Offering Support for the Whole Person
    • Reimagining Health Care from Diverse Perspectives
    • Expanding the Scope of Value-Based Payment
  • In the Community
    • Accelerating Healthy Living Innovation
    • Finding New Solutions to Systemic Challenges
    • Building Deeper Partnerships for Greater Impact
    • Advancing Sustainability and Environmental Health
  • Year in Review

2019 Annual Report

The Power of Partnerships

We are committed to making the health care system work better for everyone

Download 2019 Annual Report PDF

CEO Perspective Read Full Message

“Our mission is to ensure that our members and employer customers have access to quality, affordable health care with an unparalleled consumer experience.”

Andrew signature

Andrew Dreyfus
President & CEO

 

Power of Partnerships View All Stories

Collaborating to benefit customers

We are engaging in deeper partnerships with hospitals, clinicians and innovators that share our commitment to transforming care

Delivering an unparalleled experience

New tools, such as PillPack, help our members navigate a complex system

Meeting our members' needs

From our call centers to our nurse case managers, our employees provide personalized, empathetic care

Offering support for the whole person

Our commitment to health care goes far beyond medical coverage to dental, vision, travel and more

Reimagining health care from diverse perspectives

An innovation workspace brings together people with diverse perspectives to challenge the status quo

Expanding the scope of value-based payment

Our model slows the rate of medical spending while improving patient care, a landmark study found

In the CommunityRead About Our Approach

Accelerating healthy living innovation

We help launch and scale programs that improve access to nutritious meals, physical activity and healthy environments

Finding new solutions to systemic challenges

A focus on preventing food waste and making nutritious meals available to those most in need

Building deeper partnerships for greater impact

Energetic volunteers and strong corporate resources contribute to organizations like Camp Harbor View

Advancing sustainability and environmental health

Our business practices are guided by a commitment to responsible stewardship of the environment

Associates in Action

Embracing diversity

We believe inclusion is key to innovation. In 2019, more than 30% of employees participated in one of our eight employee resource groups. ERGs focus on enhancing career, commerce, community and culture at Blue Cross, and help to ensure that our entire work force feels respected, included and empowered to contribute.

Celebrating our values

Contract operations director Laura Stout was recognized as our 16th annual Excellence in Service winner for her contributions to improving the opportunities for individuals with disabilities at Blue Cross and in our communities. The recognition event celebrates our colleagues who embody our core values of inclusion, compassion and leadership.

Culture of wellbeing

Our goal is to foster a culture that promotes healthy lifestyles and enables employees to do their best while living happy and healthy lives. Our program provides robust wellness offerings including 12 weekly exercise classes and workshops, actionable goal setting, and incentive rewards to help employees achieve their best health.

Championing future health care leaders

Our employees are passionate about supporting the next generation of talent. In 2019, colleagues served as mentors and judges at TechTogether Boston, a hackathon exclusively for women and non-binary people. We were honored to have a team of college students that created an app for mental health awareness and support join us as summer interns.

Year in ReviewLearn More

Awards

American Association of People with Disabilities
Best Place to Work for Disability Inclusion

American Business Awards
 Bronze Stevie Award for our MyBlue App

Blue Cross Blue Shield Association
Brand Innovation Award for our ongoing work to combat the opioid crisis

Boston Business Journal
Top 10 Charitable Contributor in Massachusetts

Boys & Girls Clubs of Boston
Corporate Volunteer of the Year

Digital Health Awards
Gold Award for mobile version of MyBlue

Digital Health Awards
Silver Award for MyBlue Member App

Forbes
America’s Best Employers for Diversity

Urban League of Eastern Massachusetts
Top Diversity Companies

Worcester Business Journal
Best Health Insurance Provider

Working Mother Magazine
100 Best Companies

Worksite Wellness Council of Massachusetts
Gold WorkWell Massachusetts Award

YMCA Cape Cod
Healthy Living Honoree

Financial Results

2019 Blue Cross and Blue Shield of Massachusetts HMO Blue, Inc.

2019 Audited Financial Reports include Audited Statutory-Basis Financial Statements for Blue Cross and Blue Shield of Massachusetts, Inc. for the years ended December 31, 2019 and 2018 with Report of Independent Registered Public Accounting Firm.

2019 Blue Cross and Blue Shield of Massachusetts, Inc.

The reports also include the Audited Statutory-Basis Financial Statements for Blue Cross and Blue Shield of Massachusetts HMO Blue, Inc. for the years ended December 31, 2019 and 2018 with Report of Independent Registered Public Accounting Firm.

Senior Leadership

Standing (left to right): Bruce Nash, Sue Sgroi, Andrew Dreyfus, Stephanie Lovell, Rich Lynch
Seated (left to right): Pat Gilligan, Sukanya Soderland, Andreana Santangelo, Jay McQuaide

Board of Directors

Standing (left to right): Robert Meenan, M.D., Lauren A. Smith, M.D., MPH, Donald K. Stern, Esquire, Timothy M. Sweeney, Benaree P. Wiley, Andrew Dreyfus, Marcy L. Reed, Quincy L. Miller, George R. Alcott, III, Francis X. Callahan, Jr., Manuel A. Lopes
Seated (left to right): Martin T. Meehan, Phyllis R. Yale, Dorothy E. Puhy, Corey E. Thomas

PDF version of the 2019 Annual Report

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Blue Cross Blue Shield of Massachusetts is an Independent Licensee of the Blue Cross and Blue Shield Association. ® Registered Marks of the Blue Cross and Blue Shield Association.
®´ and ®´´ Registered Marks, TM Trademarks, and SM Service Marks are the property of their respective owners. ©   Blue Cross and Blue Shield of Massachusetts, Inc., or Blue Cross and Blue Shield of Massachusetts HMO Blue, Inc.

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