Maurice Smith

Class C Director, Term: 2023-2025

Maurice Smith

About

Maurice Smith is chairman, president, and chief executive officer of Health Care Service Corporation. As the largest customer-owned health insurance company in the U.S., HCSC serves more than 26 million people across the country and in 2024 managed more than $122 billion of medical spend with $62.8 billion in revenue. The company operates the Blue Cross and Blue Shield® Plans in Illinois, Montana, New Mexico, Oklahoma and Texas. Through a constellation of subsidiaries and strategic investments, HCSC offers a range of products and services, including dental, vision, life, and disability benefits; third-party administration solutions; and pharmacy benefits management.

Smith is responsible for HCSC’s overall strategic direction and performance and leading the company’s 35,000 employees. Elected CEO in June 2020, Smith has led HCSC through the Covid-19 pandemic, driven strong revenue and earnings, enhanced the company’s information technology platform, and steered the company through important growth initiatives. These include the acquisition of The Cigna Group’s Medicare and CareAllies businesses and the acquisition of Luminare Health. Smith became Chairman of the HCSC Board of Directors in May 2025.

During Smith’s tenure, HCSC has continued to expand products and services by making critical investments in innovative technologies, partnerships, and growth strategies. New data and analytics innovations under his leadership have brokered greater access to care and elevated customer and provider engagement. HCSC is the top provider of health insurance in Illinois, Montana, New Mexico, Oklahoma and Texas, driven by Smith’s commitment to expanding access to quality health care to people of all ages and incomes.

HCSC’s Blue Door Neighborhood CenterSM program exemplifies his support for communities, with health and wellness programming offered in partnership with local not-for-profits and providers. In 2024, HCSC opened a new center in Albuquerque, New Mexico offering residents access to in-person resources aimed at improving their health and wellness at no cost. His belief in partnering directly with the communities that HCSC serves resulted in a new customer service center in Chicago’s Pilsen neighborhood that is HCSC’s first to feature a completely bilingual workforce. Smith has also directed the launch of a new maternal and infant health initiative that expands support for mothers before and after childbirth.

Smith is a national leader in health care with more than 30 years of experience across finance, strategy, operations, and stakeholder relations. Prior to becoming CEO, he was promoted regularly to positions of increasing responsibility across a range of roles, including leading several large financial and business development functions and serving as president of Blue Cross and Blue Shield of Illinois.

Smith holds an M.B.A. from Pepperdine University and a B.A. in business administration from Roosevelt University. He is on the boards of Halliburton, the Federal Reserve Bank of Chicago, Ventas, Inc., the Art Institute of Chicago, the Corporate Leadership Center, and is a member of the Business Council. He is also Chairman of the Board of Prime Therapeutics LLC.

In 2024, Modern Healthcare recognized Smith among its “100 Most Influential People in Healthcare” for the fifth consecutive year.

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