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    BCBSIL Eliminates Pre-existing Waiting Period on Individual Policies with Prior Individual Coverage

    by Admin | Jul 17, 2012 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    Effective July 1, 2012, the pre-existing waiting period on new Blue Cross and Blue Shield of Illinois (BCBSIL) individual policies can now be offset by prior individual coverage with another carrier, provided: Application is received on or after July 1, 2012 The prior...

    BCBSIL’s Parent Company Income Drops 6.7 Percent in 1st Quarter of 2012

    by Admin | Jun 6, 2012 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    (Crain’s) — Net income for the parent of Blue Cross & Blue Shield of Illinois dipped to about $408 million in the first quarter, compared with a year ago, as claims rose faster than revenue. Health Care Service Corp.’s first-quarter net income slipped...

    BlueCross & BlueShield of Illinois parent tops $1 billion in net profits for 2nd straight year

    by Admin | Mar 6, 2012 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    The parent of Blue Cross & Blue Shield of Illinois booked more than $1 billion in net income in 2011, the second straight year that the Chicago-based company has crossed that milestone. Health Care Service Corp., which also operates Blue Cross plans in Oklahoma,...

    BlueCross BlueShield profits drop 23% in 2nd Quarter

    by Admin | Sep 19, 2011 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    (Crain’s) — After surging earlier in the year, profits of the parent of Blue Cross & Blue Shield of Illinois dropped sharply during the second quarter, to a still hefty $270 million, as benefits rose and membership shrank. Chicago-based Health Care Service...

    Blue Cross Blue Shield of California CEO earns $4.6 million, Fights Legislation to Limit Excessive Overhead

    by Admin | May 31, 2011 | Blue Cross Blue Shield , Healthcare Reform , Insurance News

    The CEO of the nonprofit health insurance company Blue Shield of California, Bruce Bodaken, earned $4.6 million in 2010, according to documents made public by the California Department of Insurance Wednesday. Blue Shield paid its top ten executives more than $14...

    Blue Cross and Blue Shield of Illinois Now Offering 2 New Standardized Medicare Supplement Insurance Plans

    by Admin | Jul 9, 2010 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Insurance News

    As of June 1, 2010 Blue Cross and Blue Shield of Illinois (BCBSIL) is offering new Medicare Supplement Insurance Plans G and N. Members and those considering Plans G and N can enroll at anytime; there are no specific enrollment periods or deadlines. The changes to the...
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