Independence Health Group releases 2019 financial results, reports 17% revenue growth

Independence Health Group Inc., the parent company of Independence Blue Cross, released 2019 financial results Friday that showed a 17% revenue growth for the region's largest health insurer. According to the report, Independence posted revenue of $19.2 billion and net income of $321 million — or 1.7% of total premium revenue. In 2018, the Center City-based company recorded revenue of $16.3 million and a net income of $324 million. “The health care system faced its greatest chal lenge in living…
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