Trustmark Health Benefits is now Luminare Health, following its acquisition in October 2022 by Health Care Service Corporation (HCSC). Luminare Health is a third-party administrator that designs and administers custom health plans for self funded employers that help manage costs through innovative solutions, information transparency, and member-centric support. Luminare Health also supports clients’ strategic growth goals through white-labeled benefits administration solutions for insurance carriers, brokers, health systems, and plan sponsors.
Luminare Health, a wholly owned subsidiary of HCSC, is one of the largest third-party administrators in the United States and has been assisting clients achieve their healthcare goals for over 50 years. Its 1,100-plus employees will continue to serve their clients out of local offices around the country and will be relocating to a new home office in Rosemont, IL, in Q2 2024.
“Our name may be new, but we’ve been experts in self-funding for over 50 years,” says Nancy Eckrich, chief executive officer of Luminare Health. “We’ve partnered with employers and organizations of all sizes, from a diverse range of industries, each facing unique challenges that we’ve successfully helped solve. Our experience-honed consultative approach allows us to be builders and integrators, who don’t believe in one-size fits all solutions. Our expertise will illuminate the path to significant savings and growth for our clients, helping their members enjoy healthier lives.”
“As Luminare Health, we are also signaling that we are entering a new chapter in our history, one in which we re-commit to supporting the ‘whole health’ of our clients and members, promoting their physical, financial, and mental health,” said Craig Julien, president of Luminare Health. “Luminare Health’s robust product and service catalog continues to highlight our commitment to innovation with a compassionate, member centered mindset,” added Julien.
“This is an exciting day for HCSC and its portfolio of companies,” said Arun Prasad, HCSC’S senior vice president, chief strategy officer and president, Diversified Businesses. “It has been just over a year since HCSC completed this acquisition. The new branding is reflective of Luminare Health’s differentiated solutions and strong momentum in the market.”
