How we’ve grown
We’ve built a solid foundation reinforced by diversifies experiences and proven results.
1948-1949
- Blue Cross Association is created and forms the first national Blue company, Health Service, Inc. (HSI), a life insurance company
1950-1953
- Blue Shield Association is created and forms a similar national Blue entity, Medical Indemnity of America (MIA), a property and casualty insurance company
- HSI and MIA merge operations, becoming known as HSI-MIA
1954-1969
- HSI-MIA issues the first national Blue hospital contracts for the automotive and telecom industries, creating national account standards for the Blue System
1970-1979
- HSI-MIA pioneers vision, dental, and chiropractic benefits for national accounts
1980-1982
- BCS Financial Corporation (BCS) is created to own HSI-MIA
- HSI is renamed BCS Life Insurance Company (BCSL) and MIA is renamed BCS Insurance Company (BCSI)
1983-1989
- BCS develops BCBS Organ and Bone Marrow Transplant Pool
- BCS launches Group Universal Life program for Blue employees
- BCS forms BCBS Professional Liability Program, utilizing Plans’ Liability Insurance Company
- BCS underwrites healthcare coverage for the 1984 and 1988 U.S. Olympic Teams
1990-1999
- BCS creates Medical Stop Loss insurance program
- BCS begins administering Plan Investment Fund
- BCS introduces Agent Errors & Omissions program
2000-2015
- BCS develops industry-leading limited benefit program EssentialCare
- BCSL becomes 4 Ever Life Insurance Company and is awarded two special purpose BCBS underwriting licenses
- BCS invests in, and begins underwriting, GeoBlue international healthcare
- BCS launches Ancilyze, an ancillary optimization service
2016-Present
- BCS creates 4 Ever Life International Limited to expand GeoBlue availability
- BCS launches BCS Re, a segregated-cell captive
- BCS invests in LifeSecure Insurance Company to advance ancillary growth strategy
- BCS introduces new Cyber Liability solutions