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Health Care Service Corp

Blue Cross opens Great Falls office

GREAT FALLS — Blue Cross and Blue Shield of Montana has opened a call center in Great Falls, fulfilling one of the conditions of Health Care Service Corp.'s purchase of the nonprofit insurance company last year.

June 05, 2014 9:15 amLoading…

Blue Cross parent firm sued for allegedly hoarding profits, boosting exec pay

HELENA — The parent firm of Blue Cross and Blue Shield of Montana has been sued by a benefits-administration group, which says the Chicago-based insurance giant is hoarding excess profits and unduly enriching its executives.

May 28, 2014 3:14 pm Related Loading…

Montana foundation to have more than $150M, but still on the hook for old Blue Cross liabilities

HELENA — The foundation funded by the sale of Blue Cross and Blue Shield of Montana to a Chicago insurance giant eventually will have more than $150 million in assets to fund millions of dollars each year in health care programs, officials say.

April 20, 2014 12:00 amLoading…

Blue Cross fined $250,000 for 'market conduct' violations from 2006-2010

HELENA — State Auditor Monica Lindeen announced Thursday that her office levied a $250,000 fine on the “old” pre-merger Blue Cross and Blue Shield of Montana for market-conduct violations from 2006-2010.

March 13, 2014 9:03 pmLoading…

Things are looking up in 2014 for Great Falls economy

The Great Falls area should see an economic boost in 2014, the president of the Great Falls Development Authority said.

December 22, 2013 12:00 amLoading…
Baucus at summit: Keep best, brightest in Montana

Baucus at summit: Keep best, brightest in Montana

BUTTE — A crowd of 3,500 people heard ideas from some of the nation’s top corporate executives Monday on how to create jobs and grow the Montana economy.

September 16, 2013 8:00 pm Photos

Photos

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Chicago firm completes merger with Blue Cross and Blue Shield of Montana

HELENA — Blue Cross and Blue Shield of Montana and Health Care Service Corp. of Chicago formally completed their merger Thursday.

August 01, 2013 9:03 pmLoading…
Lindeen OKs purchase of Montana Blue Cross by national insurance giant

Lindeen OKs purchase of Montana Blue Cross by national insurance giant

HELENA — Montana’s insurance regulator on Thursday approved, with conditions, the purchase of Blue Cross and Blue Shield of Montana by the fourth-largest health insurance firm in the nation.

June 27, 2013 11:08 amLoading…
Fox OKs Blue Cross and Blue Shield merger, Lindeen support needed

Fox OKs Blue Cross and Blue Shield merger, Lindeen support needed

HELENA — Attorney General Tim Fox said he will approve the proposed merger of Blue Cross and Blue Shield of Montana with Health Care Service Corp. of Chicago.

June 25, 2013 6:04 pmLoading…

Hearing examiner recommends approval of Blue Cross-HCSC deal

HELENA – A hearing examiner has recommended that two top state elected officials approve the proposed merger of Blue Cross and Blue Shield of Montana with Health Care Service Corp. of Chicago.

May 03, 2013 7:42 pmLoading…
Blue Cross, buyer agree to add, preserve Montana jobs, pay taxes, keep costs low

Blue Cross, buyer agree to add, preserve Montana jobs, pay taxes, keep costs low

HELENA — Blue Cross and Blue Shield of Montana and its prospective buyer agreed Friday to create at least 100 new jobs in Montana and keep health insurance costs relatively low, in exchange for a state recommendation to approve their merger.

April 19, 2013 7:10 pmLoading…
Buyer deals with state on Blue Cross merger – what’s at stake?

Buyer deals with state on Blue Cross merger – what’s at stake?

HELENA — State insurance officials said this week that they’re not yet convinced the proposed merger of Blue Cross Blue Shield of Montana with an Illinois health insurance giant is good for Montana consumers — and are asking the companies for commitments that might lead them to change their mind.

April 17, 2013 12:00 am Related Loading…

Company execs seeking to buy Montana insurer made $59M

HELENA — Illinois records show the top 10 executives of a Chicago-based health insurance company that wants to buy Blue Cross Blue Shield of Montana made $59 million in salary and bonuses last year.

April 10, 2013 4:09 pmLoading…

Potential Blue Cross buyer pulls plug on Great Falls call center plan

HELENA — The Chicago-based health insurer that hopes to buy Blue Cross and Blue Shield of Montana said Monday it has scrapped plans to build a 100-employee call center in Great Falls.

April 01, 2013 4:41 pmLoading…

State ramps up review of proposed Blue Cross merger with health insurance giant

HELENA -- State officials are gearing up for an extensive review of Blue Cross and Blue Shield of Montana’s proposed merger with an Illinois-based health insurance giant, including the hiring of consultants to examine the merger’s impacts on Montana.

January 13, 2013 12:15 am Related Loading…

Guest opinion: New alliance will help control health care costs

When Blue Cross and Blue Shield of Montana was founded more than 70 years ago, the population of our great state was about half what it is today. Small family farms were the backbone of the economy. Gasoline was cheap and there was no such thing as a personal computer or iPad. A lot has chan…

September 22, 2012 12:05 amLoading…

Blue Cross of Montana merging with fourth-largest health insurer in nation

HELENA — Blue Cross Blue Shield of Montana, the state’s dominant private health insurer, announced Monday it will be bought by the fourth largest health insurance company in the nation — yet still remain as a nonprofit firm with a state focus.

September 17, 2012 11:41 amLoading…

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