#USA #gene therapy #Health Insurance #Oakbrook Terrace #BCS Financial

BCS Named to Inc.'s Best in Business List

BCS Financial has officially been included in Inc.'s esteemed annual Best in Business list, proudly celebrating companies that have demonstrated prowess in their respective industries and made significant contributions to society. This recognition spotlights BCS's innovative gene therapy insurance solutions, which not only enhance affordability but also broaden access to life-saving treatments.

As healthcare costs soar, particularly for advanced treatments like genetic therapies—which can range from $2 million to $4 million—BCS recognized the financial strain they impose on the healthcare sector, especially on employers. According to Mehb Khoja, Head of Large Claim Solutions at BCS, these exorbitant costs result in substantial burdens on employers and the healthcare system alike. BCS has stepped up to help ease this financial strain through its cutting-edge reinsurance, stop loss, and critical illness policies, striving to guarantee better financial security for both self-insured employers and patients in dire need of such therapies.

In a statement, Khoja remarked, "Advancements in medical technology ultimately rely on our ability to access and afford them. Our innovative insurance products address these concerns, making vital treatments more reachable for those who need them most."

BCS's journey of innovation dates back to the 1970s, when the company launched its first specialized insurance solution— an Organ Transplant and Bone Marrow Transplant pool tailored for health plans. This rich legacy of adapting and responding to evolving market needs underscores the company’s commitment to leading advances in healthcare solutions. Khoja emphasized, "Gene therapy solutions are the latest evolution of BCS's longstanding dedication to innovation. Our focus remains on monitoring the landscape of healthcare and large claims to anticipate and meet changing demands with new products and solutions."

The Inc. Best in Business list is a prestigious accolade that identifies companies achieving remarkable milestones through exceptional execution. Categories include customer growth, significant product launches, and industry-defining achievements. Recognized industries range from technology and healthcare to finance and retail, reflecting the impactful contributions these companies make in shaping a better business landscape.

The full list of award recipients will be published in the upcoming winter print edition of Inc. magazine and is also available on Inc.com.

For those interested in understanding BCS Financial’s offerings, the company boasts 75 years of experience delivering a variety of insurance and financial solutions primarily for Blue Cross and Blue Shield organizations, as well as commercial markets across the United States. With BCS Insurance Company and 4 Ever Life Insurance Company under its umbrella, BCS is licensed in all 50 states and maintains an A (Excellent) rating from A.M. Best. The company is headquartered in Oakbrook Terrace, Illinois. For additional information, please visit bcsf.com.

This recognition from Inc. serves as a testament not only to BCS Financial's innovative spirit but also to its unwavering commitment to making healthcare solutions more accessible and sustainable, enabling patients to benefit from groundbreaking medical advancements without the looming fear of financial hardship.