BlueCross BlueShield of South Carolina

BlueCross BlueShield of South Carolina (BlueCross) is an independent licensee of the Blue Cross and Blue Shield Association.[2] BlueCross serves 21.5 million people through private business and government contracts.[3]

BlueCross BlueShield of South Carolina
TypeFor-profit corporation[1]
IndustryHealth Insurance
Founded1946 (Began)
1950 (Incorporated)
FounderSouth Carolina Hospital Service Plan
HeadquartersColumbia, South Carolina
Key people
David Pankau,
Chief Executive
Ed Sellers,
Chairman, Board of Directors
Joe Sullivan,
Chairman, Board's Executive Committee
Number of employees
11,000+
Websitesouthcarolinablues.com

BlueCross has several subsidiaries, two of which are affiliates licensed with the Blue Cross and Blue Shield Association. Licensed subsidiaries include BlueCross BlueShield of South Carolina Foundation and BlueChoice HealthPlan. Non-licensed affiliates include Companion Captive Insurance Company, Companion Life, PGBA, LLC, Planned Administrators, Inc. (PAI) and TCC of South Carolina.[4]

History

BlueCross began as the South Carolina Hospital Service Plan, later becoming BlueCross of South Carolina (BlueCross), when the General Assembly passed legislation bringing this group into existence. In the spring of 1947, the South Carolina Hospital Service Plan merged with the Hospital Benefit Association of Greenville, giving them a financial base.[5] In 1971, BlueShield of South Carolina merged with BlueCross to form the current company.[6]

In July 2020, BlueCross BlueShield of South Carolina and the BlueCross BlueShield of South Carolina Foundation joined several organizations well-established in the trenches of diabetes care, including the Alliance for a Healthier South Carolina and the state's Department of Health and Environmental Control, to launch Diabetes Free SC, a long-term, multi-million dollar, statewide initiative dedicated to addressing these disparities in care in three strategic directions: improved pregnancy outcomes in women with diabetes; reduced lifelong risk of diabetes in children; and the prevention of diabetes and its complications in adults. The BlueCross Foundation awarded $11.6 million in three- to-five year grants to Prisma Health, the Medical University of South Carolina (MUSC), the Alliance for a Healthier Generation and FoodShareSC to support efforts in each of these categories.[7]

BlueChoice HealthPlan

BlueChoice HealthPlan was founded in 1984, originally as Companion HealthCare, and was the first health maintenance organization (HMO) offered by BlueCross BlueShield of South Carolina.[8] To date, BlueChoice HealthPlan has nearly 200,000 members.[9]

In 2008 the HMO added a Medicaid option called BlueChoice HealthPlan Medicaid[10] for eligible South Carolinians.[11]

In 2013, A.M. Best affirmed BlueChoice HealthPlan's A+ (Superior) financial strength rating[12] as part of the group rating for BCBSSC.[13]

Coronavirus Pandemic

BlueCross BlueShield of South Carolina decided to waive all out-of-pockets fees of the members for COVID-19 related treatments.[14]

References
  1. "South Carolina Secretary of State: Welcome to the Secretary of State's Official Website!". Sos.sc.gov. Retrieved 2 June 2019.
  2. "BlueCross BlueShield of South Carolina". Cyberwoven. Retrieved 2 March 2013.
  3. "BlueCross BlueShield of South Carolina - South Carolina Health Insurance Plans from BlueCross BlueShield of South Carolina". Ehealthinsurance.com. Retrieved 2015-12-01.
  4. "Our Family of Companies | BlueCross BlueShield of South Carolina". Web.southcarolinablues.com. Retrieved 2015-12-01.
  5. "Company History". Company History | BlueCross BlueShield of South Carolina. Cyberwoven. Retrieved 2 March 2013.
  6. "BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA|Company Profile|Vault.com". Vault.com. Retrieved 2015-12-01.
  7. "BlueCross BlueShield of South Carolina Announces Statewide Initiative to Markedly Improve Health Outcomes through Diabetes Free SC". BlueCross BlueShield of South Carolina.
  8. "BlueChoice HealthPlan of South Carolina, Inc.: Private Company Information - Businessweek". Businessweek.com. Retrieved 2015-12-01.
  9. "BlueChoice HealthPlan". Bluechoicesc.com. Archived from the original on 2015-11-19. Retrieved 2015-11-18.
  10. "BlueChoice HealthPlan of South Carolina - Medicaid - Home". Bluechoicescmedicaid.com. Retrieved 2015-11-18.
  11. "BlueChoice HealthPlan of South Carolina - Medicaid". Bluechoicescmedicaid.com. Archived from the original on 2015-11-19. Retrieved 2015-11-18.
  12. "BlueChoice HealthPlan of South Carolina, Inc. - Company Profile - Best's Credit Rating Center". 3.ambest.com. Retrieved 2015-12-01.
  13. "About Blue Option". HealthInsuranceSC. BlueCross BlueShield of South Carolina. 2015.
  14. Anderson, Zuri (2020-04-02). "BlueCross BlueShield of SC to waive COVID-19 treatment costs to members". WCIV. Retrieved 2020-04-10.
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