The Blue Cross Blue Shield Association is an association of 36 independent, locally operated Blue Cross and/or Blue Shield companies.

Terrence J. (Terry) Cooney

Vice President, Investments & National Employee Benefits Administration

Terry Cooney

Terry Cooney is the vice president of Investments & National Employee Benefits Administration for the Blue Cross Blue Shield Association (BCBSA), a national federation of 36 independent, community-based and locally operated Blue Cross and Blue Shield companies. The Blue System is the nation’s largest health insurer covering one-in-three of all Americans. It is the largest single processor of Medicare claims in the nation, and holds the world's largest privately underwritten health insurance contract – the nearly 5.4-million-member Federal Employee Program® (FEP).

In his role leading the National Employee Benefits Administration (NEBA) team, Cooney is responsible for overseeing $12 billion of Blue Plan and participants’ assets. He leads NEBA’s fast changing and expanding product offering, which includes pension management and administration ($4.5 billion in assets), a National 401(k) program ($7 billion in assets), national disability programs, executive benefits and retiree health funding. Additionally, he oversees the investment management and treasury operations functions for BCBSA.

Terry has been with BCBSA since 1994 and joined the NEBA team in 2010. Prior to his current role, he held several senior management positions at BCBSA including Executive Director, National Programs, Chief Marketing Officer of Blue Healthcare Bank and Managing Director, Financial and Actuarial Services.

Terry was born and raised in the Chicago area and he earned a Bachelor of Science degree in Commerce, with a double major in Accounting and Marketing, from DePaul University.