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August 03, 2015 5:46 PM ET

Healthcare Providers and Services

Company Overview of Blue Cross and Blue Shield of Illinois

Company Overview

Blue Cross and Blue Shield of Illinois, a health insurance company, provides health plans for customers in Illinois, New Mexico, Oklahoma, and Texas. It offers individual and family, Medicare, student health, and Medicaid and Medicare-Medicaid plans. Blue Cross and Blue Shield of Illinois was formerly known as Hospital Service Corporation. The company was founded in 1936 and is based in Chicago, Illinois with locations in New Mexico, Oklahoma, and Texas. Blue Cross and Blue Shield of Illinois operates as a subsidiary of Health Care Service Corporation.

300 East Randolph Street

Chicago, IL 60601-5099

United States

Founded in 1936

Phone:

312-653-2775

Fax:

312-540-0544

Key Executives for Blue Cross and Blue Shield of Illinois

President
Chief Executive Officer of Health Care Service Corporation
Age: 72
President of Health Care Service Corporation and Chief Operating Officer of Health Care Service Corporation
Age: 62
President of Plan Operations - Health Care Service Corporation and Executive Vice President of Health Care Service Corporation
Senior Vice President of Health Care Management
Compensation as of Fiscal Year 2015.

Blue Cross and Blue Shield of Illinois Key Developments

Blue Cross and Blue Shield of Illinois Announces Management Changes

Health Care Service Corporation named Maurice Smith as president of Blue Cross and Blue Shield of Illinois (BCBSIL). Smith succeeds Karen Atwood, who was promoted to a new position over service and technology for Health Care Service Corporation's multi-state operations. He will report directly to Colleen Reitan, Executive Vice President and President of Plan Operations, Health Care Service Corporation. Smith previously led Health Care Service Corporation's treasury department and corporate development initiatives, including mergers, acquisitions and the formation of strategic partnerships. He also oversaw Health Care Service Corporation's subsidiaries, and served as the chairman of the board of directors of Dearborn National Life Insurance Company.

CombiMatrix Announces Payor Contract With Blue Cross Blue Shield of Illinois

CombiMatrix Corporation announced that it has entered into a payor contract with Blue Cross and Blue Shield of Illinois (BCBSIL) for coverage of CombiMatrix's diagnostic laboratory services.

Blue Cross and Blue Shield of Illinois Unveils New Medicare Advantage Prescription Drug Plan

Blue Cross and Blue Shield of Illinois, or BCBSIL has unveiled a new Medicare Advantage Prescription Drug Plan, or MAPD. Beginning on October 15, Medicare eligible individuals can enroll in Blue Cross Medicare Advantage (HMO) SM or Blue Cross MedicareRx (PDP) SM (Part D) for a January 1, 2014 effective date. This product expansion, approved by the centers for Medicare & Medicaid Services (CMS), builds upon BCBSIL's existing Medicare product portfolio including Medicare supplement insurance and focuses on providing greater flexibility, lowering health care expenses and increasing access to health care.

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