How We’ve Grown
Since 1948 we’ve built a solid foundation reinforced by diversified experiences and proven results.
2020–Present
BCS acquires Medical Risk Managers, Inc. (MRM), a stop loss MGU
BCS creates RiskNavigator, a large claim cost and quality toolset
BCS launches the first Gene Therapy Excess Reinsurance Solution for Blue Plans
2016–2019
BCS creates 4 Ever Life International Limited (4ELI) to expand GeoBlue distribution
BCS launches BCS Re, a turn-key reinsurance captive solution for BCBS Plan risks
BCS introduces new Cyber Liability solutions for BCBS and commercial markets
BCS recognized for award-winning, industry first severe mental health benefit solution
2000–2015
BCS develops industry-leading limited benefit program EssentialCare
BCSL becomes 4 Ever Life Insurance Company and becomes the international healthcare underwriter for GeoBlue
1990–1999
BCS creates Medical Stop Loss insurance program for BCBS markets
BCS begins administering Plan Investment Fund
BCS introduces Agent Errors & Omissions program for BCBS agents
1980–1989
BCS develops Organ Transplant and Bone Marrow Transplant Pool for BCBS Plans
BCS launches Group Universal Life program for BCBS employees
BCS underwrites healthcare coverage for the 1984 and 1988 U.S. Olympic Teams
BCS begins reinsuring member populations for Blue Plans
BCS Financial Corporation is created to own HSI (BCS Life Insurance Company) and MIA (BCS Insurance Company)
1970–1979
HSI-MIA pioneers vision, dental, and chiropractic benefits for national accounts
1954–1969
HSI-MIA issues the first national Blue hospital contracts for the automotive and telecom industries, creating national account standards for Blue Plans
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
1949
Blue Cross Association is created and launches the first national Blue company, Health Services, Inc. (HSI), a life insurance carrier
Current News
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Press Room
GeoBlue® Rebrands to Blue Cross Blue Shield Global Solutions(SM) to Better Reflect Its Global Expertise and Offerings
GeoBlue today announced a rebrand and will now operate under the name Blue Cross Blue Shield Global Solutions (BCBS Global SolutionsSM). Read the full release here: https://www.prnewswire.com/news-releases/geoblue-rebrands-to-blue-cross-blue-shield-global-solutionssm-to-better-reflect-its-global-expertise-and-offerings-302571431.html?tc=eml_cleartime.
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Resources
EssentialCare Supplemental Health Solutions Filling the Gap: A Case Study
Medical expenses are one of the most significant financial burdens facing American households today. While major medical insurance is the gold standard for employer-sponsored health care, deductibles, copays, and coinsurance can leave individuals and families financially exposed in the event of a medical crisis. This is where supplemental health insurance can play an important role, by…