Blue Cross Blue Shield of Michigan CEO Appointed Board Chairman of BCS Financial Corporation

Blue Cross Blue Shield of Michigan CEO Appointed Board Chairman of BCS Financial Corporation

DETROIT, June 14, 2018 – Blue Cross Blue Shield of Michigan President and CEO Daniel J. Loepp has been appointed board chairman of the BCS Financial Corporation board of directors. BCS, which designs growth, diversification and protection solutions specifically for Blue Plans, is owned by all primary Blue Cross Blue Shield licensees and has focused on services for Blue plans for nearly 70 years. In addition to his role as chairman, Loepp will also serve on BCS’ Governance and Human Capital Committee.

“BCS has been a strong partner of the Blues for many years and continues to prioritize innovation and coverage options to better serve its customers,” said Loepp. “I look forward to this new role as chairman and playing a key role in conversations related to the betterment of health care choices not only available to Michigan residents, but Blue Cross and Blue Shield members nationwide.”

BCS specializes in solutions related to ancillary income, specialty risk, large claims and financial services for Blue plans across the U.S. Among its many offerings, the company also offers GeoBlue, which provides Blue Cross Blue Shield members with health coverage around the globe when traveling or working abroad.

Last year, BCS partnered with LifeSecure Insurance Company to expand ancillary health offerings and provide turnkey solutions for Blue Cross and Blue Shield plans. LifeSecure is a subsidiary of Blue Cross Blue Shield of Michigan that offers specialty benefits to members who want to extend coverage beyond a traditional medical plan. These additional benefits typically include life, disability and accident coverage, among other services. To learn more about BCS, visit www.bcsf.com.

Blue Cross Blue Shield of Michigan, a nonprofit mutual insurance company, is an independent licensee of the Blue Cross and Blue Shield Association. BCBSM provides and administers health benefits to more than 4.6 million members residing in Michigan in addition to employees of Michigan-headquartered companies who reside outside the state. For more company information, visit bcbsm.com and MiBluesPerspectives.com.