Steiner's departure last year was reported to be the result of a clash with board members over strategy. As the largest customer-owned health insurance company in the U.S., HCSC serves over 17.6 million members, generates over $54 billion of annual revenue, and manages over $110 billion of medical spend annually. [2] HCSC's membership was approximately 16 million at December 31, 2019. "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. Smith most recently was president of Blue Cross and Blue Shield of Illinois, the largest of HCSCs health plans, where he was responsible for the overall strategic direction for Illinois health plan including the organization's long-term growth strategy, planning and performance.. Blue Cross and Blue Shield of Texas is a division of HCSC, a Mutual . Chairperson: Maurice Smith - Prime Therapeutics LLC CHICAGOVentas, Inc., (NYSE: VTR) announced that Maurice Smith, president and CEO of Health Care Service Corporation (HCSC), has been appointed as an independent member of its board of directors effective immediately. CHICAGO, May 5, 2020 /PRNewswire/ -- Health Care Service Corporation (HCSC) announced today that its Board of Directors has named current president, Maurice Smith, as chief . Some directors want the insurer to broaden its service capabilities as other large health insurers have done. Health Care Service Corporation Blue Cross and Blue Shield of Illinois Parent HCSC Names Maurice Smith Smith, 48, will succeed David Lesar, who was the interim CEO. Blue Cross parent top executive pay surges Northwestern doc studies Blue Cross parent HCSC CEO left in dispute over strategy | Crain's Crain's has learned Steiner clashed with HCSC directors over long-term growth plans at the nation's sixth-largest health insurer. Blue Cross and Blue Shield of Illinois is a division of HCSC, a . Here's why this giant health insurer is looking for a new CEO. "I also want to thank outgoing chair Patricia Harris for her dedication to strengthening our institution, especially through the pandemic.". A boardroom dispute over strategy leaves Health Care Service Corp. in limboat a time of convulsive change in health care. He is a member of the Board of the Economic Club of . How the coronavirus pandemic changes that equation, however, is challenging to predict. Maurice Smith, who has been with the company [] Most PDF readers are a free download. maurice smith hcsc wife. Health Care Service Corporation, A Mutual Legal Reserve Company Maurice Smith, who Health Care Service Corporation is the countrys largest customer-owned health insurer, with nearly 16 million members in its health plans in Illinois, Montana, New Mexico, Oklahoma and Texas.

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