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

  • EssentialCare Supplemental Health Solutions Filling the Gap: A Case Study 

    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…

    Continue Reading