Happy Founder’s Day, BCS!

Did you know? June was BCS’s birthday month! BCS was founded June 18, 1981. BCS celebrated with a company picnic on Founder’s Day. Read on for some historical facts about the company, and its products:

  • BCS has over two decades of experience designing and servicing limited benefit programs for some of the biggest franchises in the U.S., including McDonald’s, Applebee’s, IHOP, Dunkin’ Donuts, and Choice Hotels.
  • BCS is a top 5 strategic partner and issuing carrier for two of the world’s largest travel and international health insurers.
  • A little over 10 years ago, BCS, under its 4 Ever Life Insurance Company subsidiary, became the primary domestic underwriter for GeoBlue, the international health insurance for Blue Plans.
  • Go Team USA! BCS underwrote healthcare coverage for the 1984 and 1988 U.S. Olympic Teams.
  • BCS developed the Organ Transplant and Bone Marrow Transplant Pool for Blue Cross and Blue Shield Plans.
  • Since the late 1980s, BCS has provided travel insurance, including trip cancellation, trip interruption, and emergency medical care. Through a partnership with Allianz Partners, Allianz also offers important assistance service to our policyholders.
  • BCS has more than 20 years of experience in the Stop Loss industry. BCS’s first sold Stop Loss case came when BCS stepped in to help Blue Plans insure a large school district in California that wanted to self-fund.
  • Stop Loss gives BCS an opportunity to support our Blue owners when they need us. By continually improving how we do business over the years, including the recent acquisition of MRM, BCS has become a large player in the Stop Loss space.
  • BCS is licensed in all 50 states. This uniquely positions us to provide innovative and easy-to-use insurance solutions to Blue Plans that they might otherwise not be able to accomplish on their own.
  • BCS has roots all the way back to the 1940s, when the Blue Cross Association (who would later merge with Blue Shield and become known as the Blue Cross Blue Shield Association) was created and formed Health Services, Inc. (HIS) and Medical Indemnity of America (MIA). The organizations later became known as HSI-MIA, and issued the first national Blue hospital contracts for automotive and telecom industries, creating national account standards for Blue Plans. They also pioneered vision, dental, and chiropractic benefits for national accounts.