Health Care Service Corp. Trims ACA Losses

The Chicago-based parent of Blue Cross and Blue Shield plans in five states, including in Illinois, shrank its net loss in 2015 to $65.9 million, compared with $281.9 million the year before, according to a new financial statement. The insurer, one of the biggest in the country, generated $31.2 billion in total revenue in 2015, a 12.6 percent increase from 2014.

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