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CEO Frick Set to Retire in Dec.

August 31, 2010

Joseph A. Frick, the president and CEO of Independence Blue Cross, will retire in December, the company told employees in an e-mail today, The Philadelphia Inquirer reported this afternoon.

Replacing Frick will be Daniel J. Hilferty, a longtime company executive who built Independence Blue Cross’s for-profit AmeriHealth Mercy group of companies into the largest Medicaid managed care organization in the U.S. covering 6.5 million people in 14 states, the newspaper reported.

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