Blue Cross Blue Shield of South Carolina (PRIVATE.BCBS.SC)

Overall impact
B (65)

Commentary

Blue Cross Blue Shield of South Carolina is a strong overall performer. With a 'B' rating of 64.6 for overall impact (72nd percentile compared to all companies), Blue Cross Blue Shield of South Carolina ranks 8th out of 17 industry peers, behind Corestream, Advanzeon, Notre Dame Intermedica Participaco and 4 others, and ahead of Cigna, Elevance Health, MultiPlan and 6 others. On top material causes for Blue Cross Blue Shield of South Carolina's industry (Health Insurance), Blue Cross Blue Shield of South Carolina performs well in Child and Maternal Health (83.7 score), Child and Maternal Health (92.6), Child and Maternal Health (90.6) and 1 other cause where it received an 'A' score and performs poorly in Lgbtq Equality (36.8 score), Racial Justice and Civil Rights (24.2), No Violence Against Women (38.6) and 1 other cause where it received a 'D' or 'F' score.
Impact
Cause PRIVATE.BCBS.SC
Peer rank
Overall impact

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Impact trend

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Company
Sector
Financials
Industry
Insurance
Sub-industry
Life & Health Insurance
SASB industry
Insurance
Headquarters
North Carolina (Nc), United States
Share classes
PRIVATE.BCBS.SC
Description
About Us When you hear "BlueCross BlueShield of South Carolina," you'll see people nodding in recognition. Most everyone knows who we are. As the only South Carolina-owned and -operated health insurance carrier, we have been offering security to Palmetto State citizens for more than 75 years. We are also one of South Carolina's largest employers. Our financial stability is on record. In December 2023, AM Best reaffirmed our rating of A+ (Superior) — making us the only health insurance company in South Carolina with that rating and one of the few companies nationwide to achieve this distinction. This year marks the 22nd consecutive year that BlueCross met this high standard. For the latest ratings, access www.AMBest.com. We offer the largest provider networks in the state, giving members the greatest choice in doctors, hospitals and other health care providers. Our extensive menu of health plans, discounts, added values and online services means more choices for our members, with plans to fit every budget and lifestyle. What you may not know is just how diverse our company is. Included in our family of companies is BlueChoice® HealthPlan of South Carolina, our managed care subsidiary, which includes Healthy BlueSM, our Medicaid health plan. BlueChoice® is an independent licensee of the Blue Cross Blue Shield Association. But there is a lot more to us than health insurance. We have many affiliated companies that are not licensed with the Blue Cross Blue Shield Association. These companies are in South Carolina, Georgia, Ohio, Tennessee and Texas. Some offer other insurance products, such as life insurance and behavioral health benefits, and administration. Others administer contracts for the federal government. Some focus on technology. BlueCross is also a major supporter of community and charitable causes. We support health care-related research, education and service in South Carolina through the BlueCross BlueShield of South Carolina Foundation.
Material causes
Ethos considers the following causes material for Blue Cross Blue Shield of South Carolina, based on its industry sub-industry Life & Health Insurance. Learn more about material causes in our methodology overview.

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