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Home > Company Index > Insurance > Accident & Health Insurance > Health Care Service Corporation

Health Care Service Corporation
 PROFILE
Health Care Service Corporation (HCSC) is made up of Blue Cross Blue Shield of Illinois (that state's oldest and largest health insurer) and Blue Cross and Blue Shield of Texas. A licensee of the Blue Cross and Blue Shield Association, the mutual company provides a range of group and individual insurance and medical plans, including indemnity insurance and managed care programs. HCSC also offers life insurance, retirement services, and medical financial services through subsidiaries. The firm is set to align with The Regence Group, which operates the Blues of Oregon, Idaho, Washington, and Idaho, as well as buy the Blues of New Mexico.

 COMPETITION
Humana Inc. (HUM)
Prudential Financial (dossier)
UnitedHealth Group Incorporated (UNH)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 7,819.00
1-Yr. Sales Growth: 53.1%
Employees: 5,700
Revenue per employee: $1,371,754.39

 KEY PEOPLE
• Raymond F. McCaskey
    CEO
• Sherman M. Wolff
    CFO

 CONTACT INFO
300 E. Randolph
Chicago, IL 60601
US
Phone: 312-653-6000
Fax: 312-819-1220
Online: Web Site

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