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legal reserve |
Also found in: Legal | 0.03 sec. |
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| HCSC, based in Chicago, is a not-for-profit, mutual legal reserve company that provides health insurance through its divisions that include Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Texas and Blue Cross and Blue Shield of New Mexico. Blue Cross and Blue Shield of Illinois, a division of Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), is the oldest and largest health insurance company in the state. In the early 1920s, it increased its capital stock, became a legal reserve company and joined a select group of African-American insurance companies. |
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