Robert J. Kolodgy, Senior Vice President, Financial Services and Government Programs and Chief Financial Officer, BlueCross BlueShield Association
Bob Kolodgy is Senior Vice President and Chief Financial Officer for the Blue Cross Blue Shield Association (BCBSA), a national federation of 36 independent, community-based and locally operated Blue Cross and Blue Shield companies. The Blue System is the nation's largest health insurer covering over 105 million people – one-in-three of all Americans. It is the largest single processor of Medicare claims in the nation, and holds the world's largest privately underwritten health insurance contract – the 5.4-million-member Federal Employee Program (FEP).
As CFO, Kolodgy is responsible for all BCBSA financial services as well as licensure and compliance. He also oversees the National Employee Benefit Administration, which manages $10 billion in retirement plan assets for 40 participating Blue Entities nationwide. In addition, he has administrative responsibility for venture investment funds totaling $305 million. These Funds invest in promising emerging companies of strategic relevance to Blue Cross and Blue Shield companies. He is also responsible for the Association’s Brand Protection department as well as the Federal Employee Program (FEP).
Prior to joining BCBSA, Kolodgy held executive positions with ProMedica Health System, an integrated health system with more than 280 service sites and annual revenue of $1.5 billion. Kolodgy served as Senior Vice President of Operations and Finance for a ProMedica subsidiary, Paramount Health Care. He also served in various other corporate roles for ProMedica, including Chief Strategic Business Development Officer, Chief Materials Management Officer and Chief Construction Management and Real Estate Development Officer.
Prior to ProMedica, Kolodgy was a hospital Chief Financial Officer and Senior Manager at Deloitte Consulting.
Among professional and civic affiliations, he serves as the president of Blue Venture Partners II LP, chairman of the Board for Plan Investment Fund, Inc. and is a member of the National Employee Benefits Committee (NEBC) and Blue Health Intelligence Board. He is also a founding board member of Sewhope, a Toledo, Ohio-based non-profit group working to improve health in Guatemala, and former chairman of the Board of Trustees for Notre Dame Academy. He’s a lifetime member of Beta Gamma Sigma.
Kolodgy earned a Bachelor’s degree from Miami University and a Master’s of Business Administration from the University of Notre Dame, Magna Cum Laude.