HCSC Insurance Services Health Insurance Company
A review of HCSC Insurance Services Health Insurance Company finds Health Care Services Corporation, also known as HCSC. Health Care Services Corporation administers the Blue Cross and Blue Shield insurance plans in Texas, New Mexico, Illinois, and Oklahoma. It is the fourth largest health insurance provider in the U.S.
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HCSC is also the largest customer-owned health insurance company in the U.S., with more than 13 million members. The majority of its members have coverage through employer benefit plans, while 10% of its members have individual plans directly from HCSC. The company also employs more than 16,000 people.
Health Care Services Corporation Contact Information
Health Care Services Corporation has offices in each of the four states it serves. Their addresses and phone numbers are:
300 East Randolph Street
Chicago, Illinois 60601
1001 E. Lookout Drive
Richardson, Texas 75082
5701 Balloon Fiesta Parkway NE
Albuquerque, New Mexico 87113
1215 S. Boulder Avenue
Tulsa, Oklahoma 74119
HCSC’s corporate office is located at the Chicago address.
Health Care Services Corporation History
HCSC was founded in Chicago in 1936 and based on a hospital care prepayment plan created in 1927 by Baylor University School of Medicine Vice President Justin Ford Kimball. Chicago leaders and physicians were trying to find a way to address the problem of affordable health care, especially in the middle of the Great Depression. The group’s first name was the Chicago Plan for Hospital Care, and it became popular quickly.
It incorporated under the name Hospital Service Corporation and signed up 36,000 members in its first six months. The Blue Cross symbol for hospital care was adopted in 1939 and the Blue Shield symbol for physician care was adopted in 1947. Both pieces of the business operated independently until 1975, when they joined as Health Care Services Corporation.
All of the other Blue Cross plans in Illinois were merged with the HCSC plan by 1982. The company’s growth continued with the addition of other statewide Blue Cross and Blue Shield plan licensees. Texas joined in 1998, New Mexico joined in 2001, and Oklahoma joined in 2005. These health insurance plans were among the first in their respective states and HCSC is responsible for many of the coverages that have become standard today, including coverage for migrant workers, cancer care and heart transplants. It also started the country’s first mobile immunization clinic in Illinois and the first mobile health-screening unit in Oklahoma.
Additionally, Health Care Services Corporation has many subsidiaries that help administer different parts of the business. These include:
- Dearborn National
- MEDecision, Inc.
- Availity, LLC
- Dental Network of America
- Hallmark Services Corporation
- Prime Therapeutics, LLC
- Med-Vantage, Inc.
- TMG Health
- GHS Property and Casualty Insurance Company
- MedConnect, LLC
Health Care Services Corporation Careers
As you can imagine, as one of the largest health insurance providers in the country, Health Care Services Corporation has many job opportunities. Their job postings include all open positions for all of their Blue Cross and Blue Shield plans, along with open positions at their subsidiaries.
At the time this review was written, there were 84 employment opportunities listed on their website, searchable by location, position type, function, date posted, keyword, and job ID. Eighty-three positions were for full-time, and one was a part-time opening. Functions ranged from data warehousing and database management to process & change management and actuarial.
If you’re interested in applying for any of the open positions at HCSC, you must first create a candidate profile on their website. You can then conduct job searches and save any positions that interest you into your personal cart.
As expected from such a large insurance provider, HCSC’s employee benefits are very generous. They include a choice of four medical plans for employees, their domestic partners, and their eligible dependents. Benefits also include:
- 401 (k) plan with partial employer match
- Retirement plan
- Life insurance for employee and dependents
- Accidental death & dismemberment coverage
- Short- and long-term disability
- Flexible spending accounts for healthcare and dependent care
- Educational assistance
- Group legal service
- Transportation reimbursement account
Benefits also include:
- Wellness program
- Savings bond program
- Bereavement leave
- Employee referral program
HCSC also offers a Total Rewards Bonus program, which is an incentive plan that offers additional money on top of an employee’s base salary. The Total Rewards Bonus program is paid annually, recognizing employees that achieve certain objectives for their division, department, and corporation, as well as individual objectives.
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