Blue Cross Blue Shield CEO Beth Roberts (rebroadcast)

This hour we’re going to be talking with Beth Roberts, the CEO of Vermont’s largest private insurance company, Blue Cross Blue Shield of Vermont. This is a rebroadcast of a show from early February. We wanted to replay it in light of some updates.Last month, BlueCross reported a net operating gain of 53 million dollars in 2025. This is significant because it’s the first time in 2020 that the company did not lose money. Blue Cross has more than 200,000 members. That means about a third of Vermonters rely on the nonprofit company for health insurance. Blue Cross’s tenuous financial state had a lot of ripple effects. The Green Mountain Care Board aggressively cut hospital budgets. State lawmakers capped certain prices. All of this was with the goal of limiting the cost of health care. Because Blue Cross said, we’re not going to be able to cover all these claims.Now, the company says it’s on a path to financial recovery. It’s even been able to pay off a 30 million dollar loan it took out last year from its affiliate, Blue Cross Blue Shield of Michigan.