In this episode, Ken and Robin welcome Peter Laio from BCS Financial—a company uniquely owned by all Blue Cross Blue Shield plans nationwide—to talk about the unseen but essential world of stop-loss insurance. Peter shares his journey from farm life to finance, revealing how BCS evolved from serving Blue plans to leading the commercial stop-loss market. Alongside Mike Hoffman, the conversation dives into risk pooling, gene therapy claim management, and how BCS’s integrity-driven approach ensures claims are paid quickly and fairly. The team discusses what true partnership looks like in high-stakes healthcare financing—and how collaboration between CBC, ABP, and BCS delivers security and long-term value to employers.