Karen M. Atwood: President of Blue Cross and Blue Shield of Illinois
Karen Atwood is president of Blue Cross and Blue Shield of Illinois (BCBSIL). In this role, she oversees all of BCBSIL's sales and marketing activities; its extensive health, wellness and medical management programs; its health care provider networks and relationships; and its government, public and community relations activities across Illinois.
In FY 2012, Blue Cross and Blue Shield of Illinois, the state's largest insurer, had gross revenues of $29.2 billion with an underwriting gain of $752 million. It serves 7.5 million members through 8,800 employees located in key locations across the state, including the Chicago area, Rockford, Quincy, Danville, Springfield, Jacksonville and Marion, Illinois. Last year, its service centers processed 89 billion claims. Now in its 77th year, the member-owned non-publicly traded company was founded in Chicago in 1936.
Ms. Atwood joined BCBSIL in 1979. Prior to becoming BCBSIL president, she served as divisional senior vice president of the company's National Division, which manages more than 350 major national, municipal and labor accounts, representing nearly four million members. Prior to that, she served as Health Care Service Corporation's (HCSC) chief underwriter and held positions in financial operations, cost and budgets and financial reporting. HCSC operates BCBSIL.
Karen received her master's degree in Business Administration from DePaul University in 1982 and her bachelor's degree in Finance from the University of Illinois, Champaign/Urbana, in 1978. She is a Certified Public Accountant.
Karen is a member of the board of directors of the Chicagoland Chamber of Commerce and the Civic Federation, as well as a member of the Board of Governors of the Metropolitan Planning Council. She also serves on the board of trustees for DePaul University.
She and her husband Mike live in Chicago and have two grown children.
For More Information Contact:
- Mary Ann Schultz, (312) 653-6701, Maryann_Schultz@bcbsil.com