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Blue Cross and Blue Shield of Minnesota Reports 2020 Financial Results News provided by Share this article Share this article EAGAN, Minn., April 1, 2021 /PRNewswire/  The Blue Cross and Blue Shield of Minnesota (Blue Cross) family of companies today announced audited financial results for 2020. The organization reported operating income of $128 million on $13.2 billion in total revenue, for an operating margin of less than one percent. A pre-tax net income of $244 million was largely driven by the recovery of federal government payments owed through an Affordable Care Act (ACA) program designed to offset health plan operating losses. Audited results for 2020 include the consolidated financial statements for businesses operating under Aware Integrated, Inc. (AII), a nonprofit corporation and parent organization.

United statesState of minnesotaJay matushakHuman rights campaign foundationArrowhead health allianceMinnesota department of healthCenters for medicarePrepaid medical assistance programMedicaid servicesBlue shield associationRapid response fundAllina healthAware integrated incHuman servicesMinnesota senior health optionsLearn to live inc