Blue Cross Blue Shield of Michigan CEO Reappointed Board Chairman of BCS Financial Corporation
DETROIT, May 22, 2019 – Blue Cross Blue Shield of Michigan President and CEO Daniel J. Loepp has been reappointed 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 delivered its services to Blue Plans for nearly 70 years. In addition to his role as chairman, Loepp also serves on the BCS Governance and Human Capital Committee.
“Over the last year as chairman of BCS, I have been pleased to take part in the continued success of an organization that unites all Blue Plans by innovating on coverage options and strengthening our commitment to the community,” Loepp said. “I look forward to continuing as chairman to encourage national-level conversations around expanding health care coverage for Blue Cross and Blue Shield members nationwide.”
BCS specializes in solutions related to ancillary income, specialty risk, large claims and financial services for Blue Cross and Blue Shield licensees. Among its many offerings, the company offers GeoBlue, which provides Blue Cross Blue Shield members with health coverage around the globe when traveling or working abroad.
Recently, BCS partnered with LifeSecure Insurance Company, a BCBSM subsidiary based in Brighton, Mich., to expand ancillary health offerings and provide turnkey solutions for Blue Cross and Blue Shield plans. LifeSecure 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 health benefits to more than 4.7 million members residing in Michigan in addition to employees of Michigan-headquartered companies residing outside the state. The company has been committed to delivering affordable health care products through a broad variety of plans for businesses, individuals and seniors for 80 years. Beyond health care coverage, BCBSM supports impactful community initiatives and provides leadership in improving health care. For more information, visit bcbsm.com and MiBluesPerspectives.com.