Blue Cross Blue Shield Association

Health care organization based in Chicago, IL. 1,393 employees. Exempt under §501(c)(4).

MissionTHE ASSOCIATION SERVES ITS MEMBERSHIP CONSISTING OF INDEPENDENT BLUE CROSS AND BLUE SHIELD MEMBER PLANS THAT OPERATE WITHIN SPECIFIC GEOGRAPHIC SERVICE AREAS. THE ASSOCIATION PROVIDES A VARIETY OF SERVICES TO MEMBER PLANS AND COORDINATES GOVERNMENT SERVICES, SUCH AS THE CONTRACT

Financial snapshot · TY 2024

$862.7M
Total revenue
$851.5M
Total expenses
$1.2B
Net assets

Financial health · TY 2024

52
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
26
4.7 months of expenses
Program efficiency
100
96.9% spent on programs
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Kim Keck
PRESIDENT AND CEO
$8,414,231
100th percentile vs. peers
Sean Robbins
EXECUTIVE VICE PRESIDENT (END 05/24)
$1,651,878
100th percentile vs. peers
William Nehs
SENIOR VICE PRESIDENT (END 06/24)
$1,627,148
100th percentile vs. peers
Jennifer Vachon
EXECUTIVE VICE PRESIDENT (END 07/24)
$1,610,579
100th percentile vs. peers
Christina Fisher
EXECUTIVE VICE PRESIDENT & CFO
$1,329,060
100th percentile vs. peers

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Blue Cross Blue Shield Association Executive Compensation | 990 Data | DoubleNine