BCBSIL’s Parent Company Income Drops 6.7 Percent in 1st Quarter of 2012

(Crain’s) — Net income for the parent of Blue Cross & Blue Shield of Illinois dipped to about $408 million in the first quarter, compared with a year ago, as claims rose faster than revenue. Health Care Service Corp.’s first-quarter net income slipped 6.7 percent, to $407.6 million, down from the $436.8 million during the […]