Maurice Smith - Email, Phone - President, Blue Cross and Blue Shield HCSC board member and former energy executive David Lesar is serving as interim CEO. He also served as the chairman of the board of directors for DearbornLife Insurance Company, a subsidiary of HCSC. A potential contender for the permanent role is newly named HCSC President Maurice Smith, who has been with the . Roosevelt University students Sophia Gallo, Nazarii Mykhailenko and Rachelle Vinson were presented the American Dream Award, a scholarship sponsored by BlueCross BlueShield of Illinois, on October 17. As president and CEO, Maurice Smith is responsible for overall strategic direction of the company including the organization's long-term growth strategy. [2], HCSC reported a strong underwriting profit in 2017 after losses related to Affordable Care Act (ACA) exchange-sourced business in 2014 and 2015. An income tax benefit related to the enactment of the Tax Cuts and Jobs Act equal to $833 million contributed to the sizeable ROC ratio during the first half of 2018. HCSC is the parent of Blue Cross plans in Texas, Oklahoma, New Mexico and Montana, in addition to Illinois. Suite 3200 HCSC board member and former energy executive David J. Lesar will serve as interim CEO until Steiner's replacement is named. The site may also contain non-Medicare related information. Smith began his career as an intern at HCSC in 1993. Click below to see everything we have to offer. The Board and I look forward to working with him and the rest of the HCSC team to ensure a continued success in simplifying the health care experience and helping people achieve their health care goals.. For more information, please visitHCSC.com, visit ourFacebookpageor follow us onTwitter. "The board and I look forward to working with him and the rest of the HCSC team to ensure a continued success in simplifying the health care experience and helping people achieve their health care goals," Lesar said in the same statement. 312.653.7581 You may opt-out by. The numbers look even bigger when compared to CEO pay at HCSC's larger rivals. Ventas appoints Maurice Smith, CEO of HCSC, to board of directors Since that time, he worked in many functions at HCSC assuming increased responsibility, excelling in each position and demonstrating solid strategic leadership. Jean-pierre Yvaral Abraham Lincoln Ltd D Serigraph Hand Signed Loa. 2 in New Mexico and Texas, according to data compiled by the Kaiser Family Foundation. Under pressure to reduce health care costs and improve outcomes for members, HCSC's rivals have found creative ways to get closer to patients. Musk Made a Mess at Twitter. Blue Cross and Blue Shield of Montana is a division of HCSC, a . 100 Most Influential People in Healthcare - Maurice Smith maurice smith hcsc wife. Smith, 48, will succeed David Lesar, who was the interim CEO. Most PDF readers are a free download. The Hawks failed to score in the last 59 minutes Saturday and suffered their fourth consecutive loss. Maurice Smith. Click below to see everything we have to offer. [3], In 2010 HCSC nearly doubled its income to $1.09 billion, and began "a streak of billion-dollar profits for 4 straight years". [2], HCSC's membership was approximately 16 million as of December 31, 2019. About Blue Cross Blue Shield of Texas As of 2014[update], HCSC was the country's largest nonpublic health insurer and the fifth-largest health insurer overall, with more than 16 million members. 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Health Care Service Corporation Announces Leadership Changes Maurice Smith, who I am honored to lead HCSC, a company that for more than 90 years has focused on innovation, execution and through the dedication of our nearly 24,000 employees helped expand access to quality, cost-effective health care to all Americans, said Maurice Smith. The Board and I look forward to working with him and the rest of the HCSC team to ensure a continued success in simplifying the health care experience and helping people achieve their health care goals.. Last year's $70 billion merger of Aetna and CVS Health joined one of the nation's largest health insurers with its biggest pharmacy chain. Moving forward, HCSC will likely seek growth in Medicaid and Medicare Advantage, Akers says. Blue Cross parent top executive pay surges Northwestern doc studies He brings a broad perspective and deep understanding of the industry to his role from his 30 years of service with the company. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Most PDF readers are a free download. We will continue to take action to focus and execute on a strategy that will propel this exciting and innovative company into the next phase of its evolution, while providing long-term value to customers, medical and other health care providers, employees and other partners in the dynamic health care industry., This is a BETA experience. Director at Federal Reserve Bank of Chicago - View - Federal Reserve Bank of Chicago org chart. Jan 2021 - Present2 years 3 months. To view this file, you may need to install a PDF reader program. President and CEO at Health Care Service Corporation (HCSC) Maurice Smith Bio. Smith's three-year term will begin September 1, 2021. He is a member of the Board of the Economic Club of . A Mutual Legal Reserve Company, HCSC is an independent licensee of the Blue Cross and Blue Shield Association. Roosevelt University alum Maurice Smith, President and Chief Executive Officer of Health Care Service Corporation (HCSC), has been named chair of the Roosevelt University Board of Trustees. "On behalf of the entire Board of Directors, I am pleased that . [2] HCSC's membership was approximately 16 million at December 31, 2019. Zadie Smith's 'The Wife of Willesden' at the A.R.T. is a hilarious In an internal memo about the layoffs, HCSC President Maurice Smith told employees, "We made a number of changes to ensure we have the structure and resources to best serve our members now and . Blue Cross parent HCSC CEO left in dispute over strategy | Crain's Stephen Harris Named Blue Cross and Blue Shield of Illinois - BCBSIL Since then, he has held a number of executive roles with increasing responsibility, including senior vice president, Business Development and Subsidiary Management, divisional vice president, Business Development and Subsidiary Management, and vice president of Corporate Transactions and Business Analysis. Aetna, for example, combined with CVS Health 18 months ago to combine leading insurance and pharmacy offerings. Find Maurice Smith's accurate email address and contact/phone number in Adapt.io. some sites may require you to agree to their terms of use and privacy policy. Throughout his nearly 27 years of service with HCSC, he also has previously served as president of Blue Cross and Blue Shield of Illinois . maurice smith hcsc wifehtml5 interactive animation. This new site may be offered by a vendor or an independent third party. As of 2015[update] HCSC's operations are concentrated in Illinois and Texas, which accounted for 84% of total revenue through the first nine months of 2014, followed by Oklahoma (9% of revenue). HCSC CEO Maurice Smith elected Chair of Roosevelt Board of Trustees, Leader of Illinois Hispanic Chamber of Commerce Joins Roosevelt Board of Trustees, Inaugural American Dream Award Presented to Three Student Leaders, Remembering Theodore "Ted" Gross, Fourth President of Roosevelt University, International Applicants and Foreign Degree Recipients. One option is Adobe Reader which has a built-in screen reader. Blue Cross and Blue Shield of Oklahoma is a division of HCSC, a . Now it needs a new CEO pronto. greg_thompson@hcsc.net. BCBSTX is a Division of Health Care Service Corporation (which operates Blue Cross and Blue Shield plans inTexas,Illinois,Montana,OklahomaandNew Mexico), the country's largest customer-owned health insurer and fourth largest health insurer overall. Throughout his nearly 27 years of service with HCSC, he also has previously served as president of Blue Cross and Blue Shield of Illinois where he was responsible for the . Maurice Smith President at Maurice Smith Productions . Prior to being named president of HCSC, Maurice was president of Blue Cross and Blue Shield of Illinois where he was responsible for the overall strategic direction for Illinois health plan including the organization's long-term growth strategy, planning and performance. CHICAGO - Health Care Service Corporation (HCSC) announced today that its Board of Directors has named current president, Maurice Smith, as chief executive officer and president, effective June 1, 2020.At that time, David Lesar, will step down as the company's interim CEO; he will remain a member of the Board of Directors. Today, HCSC and its companies are the largest and most experienced health insurance company in the state of Illinois, providing more than 6.5 million members with comprehensive and affordable health plans. Maurice Smith | Health Care Service Corporation Net income more than tripled to $4.1 billion, due mostly to the Trump administration's 2017 tax law changes, as revenue rose 10% to $36 billion. May 05, 2020, 14:02 ET. Smiths current philanthropic endeavors include actively serving on the boards of the Civic Consulting Alliance, Chicago Council on Global Affairs, Roosevelt University and the Common Ground Foundation. The company operates the Blue . Civic and business leader Jaime di Paulo, President and CEO of the Illinois Hispanic Chamber of Commerce (IHCC), was voted into the Roosevelt University Board of Trustees at the December board meeting. The site may also contain non-Medicare related information. In general, to best serve our customers now and into the future of the rapidly changing health care landscape, we are rebalancing our resources to meet the diverse needs of our customers, provider partners and other stakeholders, the email said. Blue Cross Blue Shield Building, home of Health Care Service Corp. as photographed from Maggie Daley [+] Park in Chicago, Illinois on June 24, 2017. Blue Cross and Blue Shield of Illinois is a division of HCSC, a . Alongside Blue University, HCSC has partnered with local universities where it operates to offer master's degree and certificate partnerships for employees. Blue Cross and Blue Shield of New Mexico is a division of HCSC, a . How the coronavirus pandemic changes that equation, however, is challenging to predict. He brings a broad perspective and deep understanding of the industry to his role from his 30 years of service with the company. Blue Cross and Blue Shield of Texas is a division of HCSC, a Mutual Legal Reserve Company, an independent licensee of the Blue Cross and Blue Shield Association. Improving the attack has been a focus for the Fire, who compiled 12 shutouts last year but missed the playoffs. Sources identified him then as a contender for the top job, which has been held in the meantime by interim CEO David Lesar, who now will return to his previous role as a board member. The health care industry is facing a transition from fee-for-service to paying for value, Crains reported. Chairperson: Maurice Smith - Prime Therapeutics LLC Maurice Smith Contract Details - Over the Cap Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states. Other big insurers, meanwhile, have engineered multibillion-dollar transactions that obliterate traditional boundaries between insurers, pharmacies and doctors. Health Care Service Corporation is the licensee of the Blue Cross and Blue Shield Association for five states. Arun Prasad Joins Health Care Service Corporation As Chief Strategy Officer maurice smith actor Los Angeles County, CA. Blue Cross and Blue Shield of Oklahoma Parent HCSC Names Maurice Smith He also oversaw HCSCs subsidiaries and served as the Chairman of Dearborn National Life Insurance Company. All Rights Reserved. Manages and triages . See Maurice S Smith's compensation, career history, education, & memberships.