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CareFirst in briefchoices

CareFirst in Brief
CareFirst, Inc., is a not-for-profit holding company chartered in the State of Maryland to operate through three wholly owned affiliates: CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc., doing business as CareFirst BlueCross BlueShield; and Blue Cross Blue Shield of Delaware, Inc. All three affiliates are independently licensed by the Blue Cross and Blue Shield Association to market health insurance and related services and products throughout the Mid-Atlantic Region, including Maryland, Delaware, Washington, D.C., and Northern Virginia.
CareFirst, including its affiliates and subsidiaries, served nearly 3 million members in 2000. The company's 6,300 associates, many of whom provide direct medical care to CareFirst members, staff 40 CareFirst office sites in five states and the District of Columbia.
As set forth in this report, the company had combined net income of $63.8 million in 2000 on overall revenues of $5 billion. CareFirst's overall reserves, under generally accepted accounting principles, rose to $692 million by year-end 2000.
graphic: maryland map with people smiling behind it.credits: art direction: TBC Design, Production: TBCi, Webmaster: Linda Anderson, Writer: Curt Matthews, Editor: Lynne Leidy