Health Care Service Corporation

What is Health Care Service Corporation?

Health Care Service Corporation (HCSC) is the largest non-investor-owned health insurer in the United States and the fourth largest overall. Established in 1936, they operate under the Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma, and Texas.

HCSC is known for pioneering coverage for various procedures within their operational states, including heart and bone marrow transplants, cancer, and leukemia treatments. They now lead in the development of value-based care models, fostering collaboration and accountability among healthcare stakeholders, enhancing patient care, and enabling healthier lives. The corporation has a robust presence with nearly 14.7 million members and almost 23,000 employees across over 60 local offices.

HCSC's subsidiaries, such as Dearborn National, TMG Health, and Medecision, offer solutions in group life, disability, dental, and individual solutions. They emphasize the provision of high-quality, cost-effective healthcare, giving their members the tools and information for informed healthcare decisions.

HCSC is also committed to community well-being, engaging in charity, volunteerism, civic engagement, event sponsorship, employee giving, donation drives, and in-kind donations. On their website, HCSC presents as a purpose-driven organization, focusing on whole-person health through compassion and innovation.

They serve over 23 million people nationwide, have an annual revenue of $54 billion as of 2022, and maintain an expansive network of local offices. Their initiatives often revolve around access to quality care and health innovation, including expanded maternal and infant health initiatives, and they actively participate in community health projects and offer a variety of health benefit solutions.