Companies
Health Care Service Corporation
Health insuranceChicago, IllinoisAbout 35,000 employees
More about Health Care Service Corporation
Member-owned health insurer that runs the Blue Cross and Blue Shield plans in Illinois, Texas, New Mexico, Oklahoma and Montana
Revenue
$66.8B
Fiscal 2025, up from $62.8B; net loss of $1.9B
Employees
About 35,000
As of 2026
Stock
Private
Headquarters
Chicago, Illinois
CEO
Maurice Smith
Since 2020
BrandsBlue Cross and Blue Shield of Illinois, Texas, New Mexico, Oklahoma and Montana
Current strategyAbsorbing the Medicare and CareAllies businesses it bought from Cigna for $3.3B in 2025 after a $1.9B net loss that year
CompetitorsElevance Health, UnitedHealthcare, Aetna
Related companiesThe Cigna GroupElevance HealthCareFirst BlueCross BlueShield
Checked October 11, 2026 · Sources: beckerspayer.com, hcsc.com, chicagofed.org
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