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Home > Company Index > Health Products & Services > Health Care Plans > Blue Cross and Blue Shield of Texas Inc.

Blue Cross and Blue Shield of Texas Inc.
 PROFILE
If an apple a day kept the doctor away, Blue Cross and Blue Shield of Texas (BCBST) would play the Serpent to each of its more than 2.8 million customers. A division of Chicago-based Health Care Service Corporation (formerly Blue Cross Blue Shield Illinois), the not-for-profit insurer emphasizes preventive medicine to hold down the costs of operating its HMO, PPO, point-of-service, and indemnity insurance health care plans in Texas. BCBST sold its Medicare administration subsidiary to Blue Cross and Blue Shield of South Carolina; it then bought Aetna's NYLCare Texas HMO (now HMO Blue Texas), making it among the largest health insurers in Texas.

 COMPETITION
Aetna Inc. (AET)
Prudential Financial (dossier)
UnitedHealth Group Incorporated (UNH)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2,000.00
1-Yr. Sales Growth: (8.7)%
Employees: 5,100
Revenue per employee: $392,156.86

 KEY PEOPLE
• Pat Hemingway Hall
    CEO
• Sherman M. Wolff
    CFO

 CONTACT INFO
901 S. Central Expwy.
Richardson, TX 75080
US
Phone: 972-766-6900
Fax: 972-766-6234
Online: Web Site

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