Blog
-
Cybersecurity Awareness Month: Why Protection Matters
October is Cybersecurity Awareness Month, a time to recognize the importance of protecting businesses and critical infrastructure from evolving cyber threats. This year, the Cybersecurity and Infrastructure Security Agency (CISA) introduced the theme “Building a Cyber Strong America”, which emphasizes strengthening organizational resilience and ensuring companies are prepared for cyber risks. Recent events highlight why…
-
Now Quoting Gene Therapy Stop Loss for 2026
Understanding Gene Therapy Stop LossGene therapies offer the promise of potential cures for disease and genetic disorders, yet come at unprecedented costs ($2M to $4M per treatment). Self-funded employers are exposed to both frequency and severity of these catastrophic $2-4M claims. That’s why BCS has developed gene therapy stop loss products, known as Stop Loss…
Podcast
-
Capital Markets vs. Insurance Markets
It feels like there’s a growing disconnect between established players in the stop loss industry and the new entrants who crop up annually. Long-term industry experts point to warning signs that the market may be hardening. Yet every year, new players enter the market, attracted by the undeniable year-over-year growth. So what are they seeing…
-
Big Consulting Firms Influence Stop Loss & Reinsurance
You can’t fully understand the stop loss and reinsurance industry without considering the impact that its myriad consultants have on both insurers and underwriters. These consultants bring decades of experience to bear on behalf of their clients, and offer up a unique perspective on what’s happening behind the scenes in our business. So in this…
-
Meeting the Needs of the Reinsurance Market
It’s summer time—normally the calm before the storm for the stop loss and reinsurance industries. But many experts will tell you the industry feels more “unsettled” than usual. It’s a time of churn, as some carriers exit but other new players enter. Some stop loss carriers are struggling to find margin, while some brokers feel…
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. Blue Cross Blue Shield Global Solutions is the trade name of Worldwide Insurance Services, LLC (Worldwide Services Insurance Agency, LLC in California and New York), an independent licensee of…
-
BCS Financial Earns Great Place to Work Certification™
BCS announces Great Place to Work® certification, based on employee feedback CHICAGO, September 30, 2025 – BCS Financial is proud to announce that the company has been Certified™ by Great Place To Work®. The prestigious award is based entirely on what current employees say about their experience working at BCS, with 89% of employees saying…
-
BCS Financial Reaffirms Importance of Healthcare Solutions for Part-Time, Hourly Workers with New Brand Launch
BCS unveils CareBasic brand for its fixed indemnity insurance offerings, emphasizing the gaps in affordability for basic yet important care CHICAGO, May 28, 2025 /PRNewswire/ — Insurance and financial services company BCS Financial today announces the launch of CareBasic, its new brand for limited benefit medical plans in the marketplace. The new name and logo…
Resources
-
Employer Stop Loss Growth and Performance: Market Observations & 2026 Outlook
The employer stop loss market is experiencing robust growth – in both premium and claims. In this paper, we explore recent and historical employer stop loss performance utilizing 10 years of data collected from publicly-available reporting. This analysis, along with insights into the latest trends in the market will provide context and understanding of the…
-
Most Notable Claims of 2024
As a large claims underwriter, insurer and reinsurer, BCS has seen our fair share of high-cost claims. Our industry is grappling to absorb rising catastrophic claims, as additional cost drivers like inflation and new pharmaceuticals continue to put pressure on bottom lines. A recent PwC Behind the Numbers 2026 report indicates that “medical cost trend is once…
-
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,…