On Friday, April 27, 2007, the Insurance Department received two transactional filings, known as Form A filings, for the acquisition of Highmark, Inc. and Independence Blue Cross Pennsylvania domestic insurance company subsidiaries by NEWCO, a yet to be named company, to be formed upon the consolidation of Highmark, Inc. and Independence Blue Cross.

Please follow this link to access the document log.

This is to inform you that the Pennsylvania Insurance Department is extending the date for the final closing of the public comment period by four days, to October 14, 2008. Official notice of the October 14, 2008 final closing date for public comment will appear in an amended notice in the October 11, 2008 Pennsylvania Bulletin. The reason for the extension and publication of an amended notice in the Pennsylvania Bulletin is that the previous, September 20, 2008 notice (38 Pa. B. 5237) was inadvertently published with four lines of the caption omitted.

 

All public documents can be downloaded from this Web page. Requests for copies of the documents in the public document list must be submitted in writing either by fax to (717) 787-8557 or by e-mail .  The cost will be $0.25 per 8.5 X 11 page and $1.00 per 8.5 X 14 page (legal size).

Please note that the public document list is constantly being updated, and may be incomplete within minutes after publication.  The date of the last update is provided below.  To receive an e-alert when pages are updated, you may register by using the “register” button on the left side of this page and selecting “Highmark/IBC” when prompted to make an e-alert selection.  If you are already registered, you may update your e-alert subscription by logging in and updating your user profile.  Those not wishing to receive e-alerts may check for updates periodically.

How to Submit a Public Comment

Individuals wishing to comment on the filings on the ground of public or private interest in the filings are invited to submit a written statement on the filings to the Department. Written statements must include the name, address and telephone number of the person making the statement, identification of the application to which the statement is addressed and a concise statement with sufficient details and relevant facts to inform the Department of the exact basis of the statement. Written statements should be directed to Robert Brackbill, Chief, Company Licensing Division, Insurance Department, 1345 Strawberry Square, Harrisburg , PA 17120, fax (717) 787-8557, rbrackbill@state.pa.us.

June 26, 2008 –  Department Press Release announcing Independence Blue Cross and Highmark’s proposed consolidation will be web cast

May 12, 2008 – Department Press Release announcing the dates and locations for the public informational hearings

May 10, 2008 – Pennsylvania Bulletin notice  announcing the dates and locations for the public informational hearings

December 21, 2007 – Department Press Release announcing public hearings likely; financial advisors chosen

July 7, 2007 – Pennsylvania Bulletin notice  extending the public comment period

May 31, 2007 – Governor Rendell Press Release renewing the call for intensive review of the proposed Highmark/IBC merger

May 12, 2007 – Pennsylvania Bulletin notice on Applications for Approval to Acquire Control

April 27, 2007 – Department Press Release announcing receipt of the Form A Filing

March 28, 2007 – Department Press Release commenting on the proposed merger announcement