Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States, serving 23.2 million members across Illinois, Texas, New Mexico, Oklahoma, and Montana. Founded in 1936, HCSC operates as a nonprofit mutual insurer under the Blue Cross Blue Shield brand. The company manages nearly $122.7 billion in medical spending annually and employs around 30,000 people across more than 60 local offices. HCSC offers a wide range of health insurance solutions, including employer and group plans, individual and family coverage, and government programs such as Medicare Advantage and Medicaid managed care. The company emphasizes value-based care models to improve health outcomes and reduce costs. HCSC also invests in community health initiatives, providing over $37 million in grants for programs that support economic stability and optimal health outcomes. Its extensive network includes over 450,000 healthcare providers and 10,500 hospitals and facilities, ensuring comprehensive care for its members.