Despite experiencing over $3 billion in increased medical and pharmacy claims costs in 2023, Blue Cross Blue Shield of Michigan will report a marginally positive net gain of $100 million on enterprise revenue of $36.3 billion for the calendar year ending Dec. 31.

The Detroit skyline from a bird's eye view at sunrise.

Blue Cross Blue Shield of Michigan Manages Stable Financial Performance in 2023, Despite Massive Increases in Health Care Costs

Blue Cross is ready to help these ground-level programs as a community partner, from supporting mothers of color with prenatal and postnatal services, to substance use disorder prevention in the Latino community, to addressing food insecurity, to comprehensive care for the queer community, just to name a few.

Blue Cross: Ready to Help Michigan Communities Live Healthier

As a health plan, Blue Cross Blue Shield of Michigan is helping members with their whole health, offering personalized solutions to improve access to health care wherever you are, whenever you need it.

Making Health Care More Personal Helps Blue Cross Members

Becoming a nonprofit mutual insurer has also allowed us to grow and greatly diversify our business in the past two decades – which is essential to supporting the core mission of Blue Cross; providing affordable health insurance products that provide access to outstanding care.

How Blue Cross Has Evolved Over the Past 20 Years to Benefit Members, Customers

At Blue Cross Blue Shield of Michigan, we come to work every day passionate about improving our members’ health. Beyond that, we also look to help Michigan communities and have a mission to help all residents in our state be as healthy as possible.

At Blue Cross, Our Mission is to Improve Health for All

For 83 years, Blue Cross has helped the people of Michigan live healthier lives. Our commitment to the Michigan Health Endowment Fund is one way we do that.

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Supporting Communities Through the Michigan Health Endowment Fund

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MI Blues Perspectives is sponsored by Blue Cross Blue Shield of Michigan, a nonprofit, independent licensee of the Blue Cross Blue Shield Association

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