Blue Cross and Blue Shield parent posts tenfold increase in profit

Health Care Service Corporation, the parent company of Blue Cross and Blue Shield of Illinois, posted a nearly tenfold increase in profit in 2017, according to recently filed financial documents. HCSC earned $1.3 billion in net income last year, up from $106 million in 2016. Meanwhile, enrollment dipped slightly, from 8.8 million to 8.4 million. […]