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Health Care Service Corporation

Health Care Service Corporation Overview

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About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. It operates through its Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma, and Texas. Established in 1936, HCSC has grown to serve nearly 23 million members across these states. It is the fifth-largest health insurer in the nation.

HCSC offers a comprehensive range of health benefit solutions, including employer-sponsored health, vision, dental, managed mental health, and prescription drug plans. Additionally, the company provides group life, disability, and dental policies, as well as various individual solutions.

Through its subsidiaries and affiliates such as Dearborn National, TMG Health, and Medecision, HCSC extends its services to meet diverse member needs.

Acquisition and Expansion

In January 2024, HCSC expanded its portfolio by acquiring Cigna's Medicare Advantage business for approximately $3.7 billion. This strategic move enhanced its presence in the Medicare Advantage market and allowed HCSC to serve an additional 3.6 million customers.

Headquarters and Locations

HCSC is headquartered in Chicago, Illinois, and operates more than 60 local offices throughout its five-state footprint. In May 2024, the company announced plans to open a new 132,000-square-foot office in Southwest Houston, Texas, expanding its regional presence.

  • Headquarters: Chicago, Illinois
  • Offices: More than 60 locations across Illinois, Montana, New Mexico, Oklahoma, and Texas
  • Upcoming: New large office in Houston, Texas

Mission and Workforce

Guided by its purpose to empower whole person health with compassion and innovation, HCSC is committed to expanding access to high-quality, cost-effective health care. The company provides members with information and tools to make informed health decisions for themselves and their families.

With a workforce of over 35,000 employees, HCSC drives innovations that improve health outcomes and reduce costs. This reflects its dedication to delivering positive change in the communities it serves.

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