Highmark Group

Highmark Group

Highmark is a national health and wellness company that serves 34.4 million people and is one of the largest health insurers in the United States. This page details our terms of service for using this website.. Learn more
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DateInvestorsAmountRound
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$2.3m

Seed
N/A

$2.3m

Grant
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$25.0m

Grant
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N/A

Debt
Total Funding$29.6m

Recent News about Highmark Group

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Highmark Inc., based in Pittsburgh, is a health and wellness organization that operates health insurance plans in Pennsylvania, Delaware, and West Virginia. The company serves a diverse range of clients, including individuals, families, businesses, and Medicare beneficiaries. Highmark's primary market is the health insurance sector, where it provides comprehensive health plans designed to meet the varying needs of its clients.

Highmark's business model revolves around offering health insurance plans that cover a wide array of medical services. These services include routine doctor visits, hospital stays, prescription medications, and preventive care such as vaccines and boosters. The company also provides resources to help clients manage their health, such as symptom checkers, cost and coverage information, and over-the-counter rapid test reimbursements.

Highmark makes money through the premiums paid by its policyholders. These premiums are the regular payments made by individuals or businesses to maintain their health insurance coverage. Additionally, the company may receive reimbursements from government programs like Medicare for providing services to eligible beneficiaries.

Highmark is committed to community involvement and improving the overall health of the neighborhoods it serves. This is evident through its various community programs, employee volunteer initiatives, and events aimed at promoting wellness. The company also emphasizes sustainability, with efforts such as energy-saving initiatives and green roofing projects.

In summary, Highmark Inc. is a health insurance provider dedicated to offering comprehensive health plans and resources to individuals, families, businesses, and Medicare beneficiaries in Pennsylvania, Delaware, and West Virginia. The company generates revenue through insurance premiums and government reimbursements, while actively participating in community health and sustainability initiatives.

Keywords: Health Insurance, Wellness, Medicare, Community Involvement, Preventive Care, Premiums, Sustainability, Pennsylvania, Delaware, West Virginia.

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Gateway Health
ACQUISITION by Highmark Group Sep 2021