BCBS® Companies and Licensees (2024)

FAQs

Who owns Blue Cross Blue Shield of Illinois? ›

Health Care Service Corporation

Blue Cross Blue Shield of Illinois / Parent organization

Kim A. Keck (Jan 4, 2021–)

Blue Cross Blue Shield Association / CEO

Anthem is part of the Blue Cross Blue Shield group. Blue Cross Blue Shield is made up of independent companies. Anthem is one of these companies. Other Blue Cross Blue Shield brands include Highmark, Regence and CareFirst.

Blue Cross Blue Shield Association (BCBSA)

The Association owns and manages the Blue Cross and Blue Shield trademarks and names in more than 170 countries around the world. The Association also grants licenses to independent companies to use the trademarks and names in exclusive geographic areas.

In December 2022, the Court concluded that BCBSIL discriminates against transgender enrollees when it enforced categorical exclusions of gender affirming care, even in self-funded plans that may be designed by employers. Despite the Court's decision, BCBSIL continued to administer the exclusions in 2023.

Blue Cross Blue Shield is the best health insurance company in Illinois. BCBS has numerous plans to choose from to help you find the best coverage for your situation, including the cheapest Silver plan in the state. BCBS of IL has great customer satisfaction, too. Aetna and UnitedHealthcare (UHC) are also good choices.

Chicago, IL

Blue Cross Blue Shield Association / Headquarters

According to the data, at least 10 executives with Blue Shield of California earned at least $1 million per year last year. Chief Executive Officer Paul S. Markovich was the highest-paid executive still with the company. He was paid a total of $3.52 million in base salary, incentive payments and other compensation.

History. Blue Cross and Blue Shield developed separately, with Blue Cross providing coverage for hospital services and Blue Shield covering physicians' services. Blue Cross is a name used by an association of health insurance plans throughout the United States.

In a 2023 J.D. Power Study, BCBS ranked higher than Anthem for customer satisfaction in more instances and regions. Both companies offer diverse healthcare plans including HMO, PPO, CDHP, EPO, FSA, HMO-POS, Indemnity, HSA, Medicaid and Medicare.

What is another name for Anthem BCBS? ›

Anthem Blue Cross is the trade name of In California: Blue Cross of California, Anthem Blue Cross Partnership Plan, Anthem BC Health Insurance Company and Anthem Blue Cross Life and Health Insurance Company are independent licensees of the Blue Cross Association.

Multiple $0 plan types: Regence offers both HMO and PPO plans with premiums as low as $0. Allowances for extras: Some Regence plans include allowances to help pay for extras such as eyeglasses and over-the-counter health and wellness items.

To Live Fearless is to live free of worry, free of fear, because you have the strength of Blue Cross Blue Shield behind you.

Today, the 34 independent and locally operated BCBS companies take what we learn from covering more than 114 million people—1 in 3 Americans—and use it to transform our health care system, improve the health and wellness of our local communities, and advance health equity.

Fee-for-Service (FFS) Plans (non-PPO) - A traditional type of insurance in which the health plan will either pay the medical provider directly or reimburse you after you have filed an insurance claim for each covered medical expense.

About Blue Cross and Blue Shield of Illinois

BCBSIL is a division of Health Care Service Corporation, a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association.

Health Care Service Corp (HCSC) is a customer owned health insurance company.

Blue Cross Blue Shield of Illinois enjoys special tax- exempt status as a "non-profit" even though court records show the corporation stockpiled more than $10 billion and paid out big corporate bonuses to executives.

Blue Cross and Blue Shield servers themselves were not breached, but BCBS customers were exposed through a third-party administration service provider called TMG Health. On June 23, 2023, BCBS learned about TMG Health being breached on June 21.