HCSC, the Operator of BCBSTX, Announces President and CEO to Retire; Board Names Successor
Health Care Service Corporation (HCSC), the operator of Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma and Texas, announced today the retirement of President and CEO Pat Hemingway Hall, effective Dec. 31, after 23 years of service to the company.
As President and CEO of HCSC for the past seven years, Hemingway Hall has led one of the strongest financially rated insurers in the country. During her tenure, the largest customer-owned health insurer added nearly 3 million members through same-store growth and acquisitions. She charted the course for a growth and diversification strategy that HCSC executes today, most recently expanding access to health coverage through its participation on the health insurance exchanges in all five states in which it operates. Meanwhile, HCSC remains a leader in the employer group market at the same time expanding its presence in growing government programs markets.
The HCSC Board of Directors has named Paula Steiner, Executive Vice President and Chief Strategy Officer, as the company’s president, effective immediately. She will become CEO on Jan. 1, 2016.
Steiner, who joined HCSC in 1997, has served in several other positions at the company, most recently overseeing corporate strategy and government programs, as well as HCSC’s retail business. She also currently oversees HCSC’s external affairs, which is comprised of federal government relations, including legislative and regulatory advocacy and policy, corporate media relations, public affairs and advertising.
For more information, please see the news release.