UnitedHealth Group

Blue Cross Blue Shield replaces United in health data-sharing deal

The Blue Cross and Blue Shield logo on a white sign.
Blue Cross Blue Shield insurers hold vast amounts of data. Photo: Uli Deck/picture alliance via Getty Images

Blue Health Intelligence, the company that houses medical and pharmacy claims data for 190 million people who have Blue Cross Blue Shield insurance, has agreed to a multiyear deal to share its data with the Health Care Cost Institute.

Why it matters: HCCI, a nonprofit group used by many health policy researchers, was on the verge of shutting down earlier this year after UnitedHealthcare said it would stop sharing claims data.

Health insurers are eating higher medical costs

Data: Company filings; Chart: Naema Ahmed/Axios

Almost all of the major health insurance companies are spending more on medical care this year than they have in the past.

The big picture: Rising prices and more services for some sicker patients are among the many reasons why this is happening. That uptick in spending has freaked out Wall Street, even though insurers are still quite profitable.