It has an unusually high proportion of employees who are members of the Democratic Party, at 68.0%. We are more than a health care insurer and we are truly anchored in our purpose: to do everything in our power to stand by our members in sickness and in health. After extensive research and analysis, Zippia's data science team found that: 53% of HCSC employees are women, while 47% are men. "With so many changes in our healthcare system happening all at once, we need to continue to adapt our capabilities to deliver what our customers deserve and demand from us," said Atwood, who started her career at HCSC in 1990 as an accounts manager and then became national account underwriting officer in 1995 and chief underwriter in 2001. Prior to being named president of HCSC, Maurice was president of Blue Cross and Blue Shield of Illinois where he was responsible for the overall strategic direction for Illinois health plan including the organization's long-term growth strategy, planning and performance. Executive pay keeps climbing at Blue Cross of Illinois' parent company, even as the health insurance giant lays off workers and looks for a new strategy. The largest donation made to a political party by an HCSC employee was Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") today announced that Maurice Smith, President and Chief Executive Officer of Health Care Service Corporation ("HCSC"), has been appointed as an independent member of its Board of Directors effective immediately. The average employee at HCSC makes $58,172 per year. The massive raises come amid increasing cost pressures and rising uncertainty for the entire health care industry, and HCSC in particular. The largest mutual insurer in the country, HCSC was created in 1975 through the merger of two Illinois Blue plans. Research Summary. Anthem reported $104.2 billion in revenue last year and Humana booked $64.9 billion, compared with $38.6 billion for HCSC. HealthCare Services competitors are HCSC, Hhs - Hospital Housekeeping Systems, Silverado, and more. Executive pay keeps climbing at Health Care Service Corp., even as the health insurance giant lays off workers and looks for a new strategy. http://access.adobe.com. Zippia gives an in-depth look into the details of HCSC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about HCSC. HCSC, which owns Blue Cross plans in Illinois, Montana, New Mexico, Oklahoma and Texas, is navigating the pandemic without a permanent CEO. CHICAGO - Health Care Service Corporation (HCSC) announced today that its Board of Directors has named current president, Maurice Smith, as chief executive officer and president, effective June 1, 2020. 400 employees to be cut from Blue Cross parent company: report 312.653.7581 One option is Adobe Reader which has a built-in screen reader. "On behalf of the entire Board of Directors, I am pleased that Maurice will lead HCSC at this critical time for the company and our country as we continue to work through the challenges of the COVID-19 pandemic," said David Lesar. But insurers will soon get bills for COVID-19 treatments. I am honored to lead HCSC, a company that for more than 90 years has focused on innovation, execution and through the dedication of our nearly 24,000 employees helped expand access to quality, cost-effective health care to all Americans, Smith said in a statement. HCSC competitors include Aetna, Humana, BlueCross BlueShield of South Carolina, Centene, UnitedHealth Group, IBX Foundation, WellCare Health Plans, Anthem, Express Scripts Holding, America's Health Insurance Plans, BlueCross BlueShield of Tennessee, Cigna, Florida Blue, HealthNet, Kansas Health Solutions, Capital District Physicians' Health Plan Inc, EmblemHealth, Harvard Pilgrim, Change Healthcare, HealthCare Services. In her former role as Executive Vice President, Chief Operating Officer, Opella transformed HCSC's customer and provider experience through advancements in technology and innovation. CHICAGO, March 31, 2022 /PRNewswire/ -- Blue Cross and Shield of Illinois (BCBSIL), a division of Health Care Service Corporation (HCSC), today announced Stephen Harris has been named the new. HealthCare Services Competitors and Similar Companies - Zippia With unemployment skyrocketing in the wake of anti-contagion measures that have essentially locked down the economy, HCSC could see enrollment in its employer-based insurance plans drop. Since that time, he worked in many functions at HCSC assuming increased responsibility, excelling in each position and demonstrating solid strategic leadership. While an outgoing chief executive moving into a chairman role or a board member stepping in as interim CEO, like Lesar, often get pay bumps during transitional periods, sources say Carroll's arrangement is unusual for an outside director. Maurice Smith, who took the helm last June, got a 63 percent boost to $5.9 million, while longtime board Chairman Milton Carroll's pay jumped 81 percent to $8.9 million. Maurice Smith has been working as a President & Chief Executive Officer at Health Care Service Corporation for 30 years. The company owns Blue Cross and Blue Shield of Illinois. He's not the only high-level connection linking HCSC and the Houston-based energy industry giant. Average HCSC Salary $58,172 yearly $27.97 hourly Updated March 16, 2023 $32,000 10% $58,000 Median $105,000 90% At that time, David Lesar, will step down as the companys interim CEO; he will remain a member of the Board of Directors. Our IT team unleashes the power of this purpose through technology. The data presented on this page does not represent the view of HCSC and its employees or that of Zippia. Top 7 health care service corporation | Healthcare corporate compliance. The national average salary for an HCSC employee in the United States is $58,172 per year. Blue Cross owner names Maurice Smith as CEO, Netflix looks to curb password sharing, considers ads, Aiming to predict COVID, future pandemics better, CDC opens infectious diseases forecasting center, Joliet farmers wrangle cows thrown from semitrailer after crash on Interstate 80, 1 killed, 3 wounded in shootings Tuesday in Chicago, Obama relatives sue Milwaukee school alleging racial bias, Unmasked transit: Pritzker ends mask mandates in public transportation, airports, The Edgar haircut is one more thing kids, parents can disagree on, Charges filed in stabbing of Loop Target employee, 7 big questions facing Bears after NFL Draft, Pullmans Hotel Florence deserves a chance to welcome guests again, Hollywood writers, slamming gig economy, vote to go on strike, Treasurys Yellen says U.S. could default as soon as June 1, First Republic Bank seized, sold in fire sale to JPMorgan. Healthcare organizations ask HHS to delay quality measure reporting for ACOs. The turnover has been expensive. Health Care Service is a mutual insurer owned by policyholders. File is in portable document format (PDF). The company increased its total adjusted capital by about $700 million between 2012 and 2013, to $10.2 billion, and also increased its premium deficiency reserve to $283 million, up from $34 million in 2012. Blue Cross and Blue Shield of Oklahoma Parent HCSC Names Maurice Smith Maurice Smith is a President/CEO at Health Care Service Corporation; Board Member at VENTAS, INC.; and Board Member at ROOSEVELT . We will continue to take action to focus and execute on a strategy that will propel this exciting and innovative company into the next phase of its evolution, while providing long-term value to customers, medical and other health care providers, employees and other partners in the dynamic health care industry. While an outgoing chief executive moving into a chairman role or a board member stepping in as interim CEO, like Lesar, often get pay bumps during transitional periods, sources say Carroll's arrangement is unusual for an outside director. A Mutual Legal Reserve Company, HCSC is an independent licensee of the Blue Cross and Blue Shield Association. The American Hospital Association and American Medical Association are among the 11 organizations signing the letter. A new business model for residential power enables people to switch to solar without the up-front cost of home installation, a critical step in bringing lower-income Americans into the green fold. He was most recently head of the treasury department and corporate development, overseeing strategic partnerships, mergers and acquisitions, including the takeover of Blue Cross and Blue Shield of Montana in 2013. Writers say that in the streaming era they are not being paid enough. The company's annual net premium income increased 10 percent to $36 million in 2018. As hospitals and outpatient centers cancel elective surgeries due to COVID-19, insurers initially will have fewer medical claims to pay. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. HCSC is in the managed health care industry. With nearly 16 million customers, HCSC also owns Blue Cross health plans in Montana, New Mexico, Oklahoma and Texas. The Pullman community has seen plenty of long-awaited successes in recent years. 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