September 21, 2014 12:46 PM ET

Insurance

Company Overview of Health Care Service Corporation

Company Overview

Health Care Service Corporation, through its subsidiaries, provides health and life insurance products and related services to individual members and group customers. It underwrites and markets group life, disability, dental, worksite and voluntary product, and individual solutions; underwrites and administers Medicare and Medicaid business; and operates a health care clearinghouse and provides Internet-based e-health information services. The company also offers health care information exchange service, as well as a platform for case management, disease management, and utilization management; pharmacy benefit management services for HCSC and other third party companies; and business process...

300 East Randolph Street

Chicago, IL 60601-5099

United States

Founded in 1929

Phone:

312-653-6000

Fax:

312-938-4209

Key Executives for Health Care Service Corporation

Chief Executive Officer and President
Age: 61
Chief Financial Officer and Senior Vice President
Chief Operating Officer and Executive Vice President
Chief Executive Officer of MEDecision
Age: 61
President of Oklahoma Division
Compensation as of Fiscal Year 2014.

Health Care Service Corporation Key Developments

Health Care Service Corporation Presents at The Economist Health Care Forum, Sep-17-2014 02:45 PM

Health Care Service Corporation Presents at The Economist Health Care Forum, Sep-17-2014 02:45 PM. Venue: Seaport Boston Hotel, 1 Seaport Lane, Boston, MA 02210, United States. Speakers: Stephen L. Ondra, Enterprise Chief Medical Officer and Senior Vice President.

Class Action Alleges Health Care Service Corp. Fails to Cover Residential Mental Health Treatment

A class action lawsuit alleges that Health Care Service Corp. violates federal law by failing to pay for residential treatment for mental health patients. According to the lawsuit, HCSC-which operates as Blue Cross and Blue Shield in five states-excludes those facilities from coverage even where they are deemed medically necessary by a patient's doctors. The lawsuit was initiated by a woman whose daughter was denied coverage for residential treatment multiple times. The lawsuit alleges HCSC's practice violates the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 as well as ERISA, of which the Parity Act is a part.

Health Care Service Corporation Appoints John Cannon as Executive Vice President and Chief Administrative Officer, Effective April 29

Health Care Service Corporation announced that John Cannon will join the company on April 29 as executive vice president and chief administrative officer. In this new role, Cannon will report to company president and CEO Patricia Hemingway Hall and have responsibility for the company's legal, risk management, human resources and corporate real estate functions. Cannon comes to the company from WellPoint, where he most recently served as executive vice president, general counsel, chief public affairs officer and corporate secretary.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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