Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC FAQ

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6 English questions out of 6

October 22, 2020

What is the salary like at Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC?

Pros

Great benefits and comparable pay to other companies, also work from home.

Cons

There weren't any cons, just had to find employment elsewhere.

Great benefits and comparable pay to other companies, also work from home.

October 22, 2020

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January 10, 2021

What are other benefits and incentives like at Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC?

Pros

Great work life balance, flexibility in work from home, great career growth options, smart coworkers

Cons

Compensation is lower (especially compared to other insurers), old-fashioned company, had a lot of layoffs of middle and upper management (before the pandemic)

Compensation is lower (especially compared to other insurers), old-fashioned company, had a lot of layoffs of middle and upper management (before the pandemic)

January 10, 2021

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July 18, 2018

Does Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC offer a yearly bonus?

Pros

Annual bonus, work from home

Cons

Not enough pay, PTO scheduling

Annual bonus, work from home

July 18, 2018

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August 14, 2020

Does Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC offer stock options or a stock purchase plan?

Pros

* Certain pockets of the company are great * It's diverse group of people * A good culture for learning * Depending on your department, a good amount of autonomy

Cons

* HR has put systems in place to inhibit fast paced growth. This results in the good talent moving on after 2-3 years, and the rest are left to get their average performance ratings and 3% raises every year with a promotion every 5. My coworkers and I often joked that the company of 20,000 could be run by 5,000 and cost the consumer 60% less in admin costs if they just kept the good employees and paid a fair market value. * This brings me to the layoffs (it's worth noting that I was no personally affected by the layoffs). What Dave Lesar and Milton Carroll did to this company is criminal. The layoffs were sent from above with the intent, not of cutting dead weight, but cutting any weight. Merit could not have mattered less to these folks, it was salaries on a page that had to be reduced. The layoffs were executed so incompetently by HR that two folks in the Actuarial Rotation Program (not my department) were let go accidentally (they weren't supposed to be eligible for the cuts), because HR didn't realize that employees with actuary in the title were part of the actuarial department. * Even before the layoffs, this company was so siloed, the fact that anything got done was a miracle. After the layoffs, navigating one's job became impossible. We went from a nightmarish bureaucracy to anarchy, every department for themselves.

Advice to Management

Bring back Paula, at least she knew what she was doing and wasn't a mouthpiece for the board. Move away from the rigid confines you've implemented that employees "must" be in the bottom 50% of their grade's salary range. If you must make layoffs again, literally put any thought into it. From the outside it looked like you flipped a coin over everyone's name, heads they stay, tails they get cut. Stop pushing out dumb products with BCBSA, none of them actually work. The fragmented Blues system is not build for interstate product building, stop trying to fit a square peg in a round hole.

* Depending on your department, a good amount of autonomy

August 14, 2020

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January 2, 2019

Does Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas | HCSC offer bonus pay?

Pros

Bonus pay. Great location. Diversity days

Cons

Lack of training, strict production and quality goals, attendance policy is rigid. No room to grow because management hires their favorites

Bonus pay.

January 2, 2019

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6 English questions out of 6