MedCity News May 4, 2021
Health Care Service Corporation, the fifth largest commercial insurer in the U.S., will offer Collective Health’s benefit navigation platform to its self-funded customers next year. HCSC also led a $280 million funding round in the company.
In a big win for benefits navigation startup Collective Health, insurer Health Care Service Corporation (HCSC) plans to offer its service to its self-funded customers next year.
HCSC, which is the fifth-largest commercial insurer in the U.S. and a major seller of Blue Cross Blue Shield health plans, will offer Collective Health to its customers in Illinois and Texas to start, with plans to expand into other markets in the future. It operates in a total of five states.
“It’s really just a...