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  September 5, 2001
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Home > Company Index > Health Products & Services > Health Care Plans > Blue Cross and Blue Shield of Massachusetts, Inc.

Blue Cross and Blue Shield of Massachusetts, Inc.
 PROFILE
Hobbled by its past, Blue Cross and Blue Shield of Massachusetts is working its way back into the race. Serving more than 1.8 million members, it offers indemnity insurance, HMOs, preferred provider organizations, and Medicare extension programs. The not-for-profit organization runs HMO Blue, HMO Blue New England, and Blue Choice New England, as well as Access Blue, in which HMO members may see specialists without referrals. Things are turning around for Blue Cross and Blue Shield of Massachusetts: To refocus on health insurance, it sold 10 health centers and plans to sell its dental insurance. It is also entering the risky business of reinsurance.

 COMPETITION
Anthem Insurance Companies, Inc. (dossier)
Harvard Pilgrim Health Care, Inc. (dossier)
Tufts Associated Health Plans, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,700.00
1-Yr. Sales Growth: 27.4%
Employees: 2,601
Revenue per employee: $1,038,062.28

 KEY PEOPLE
• William C. Van Faasen
    CEO
• Allen P. Maltz
    CFO

 CONTACT INFO
LandMark Center
Boston, MA 02215
US
Phone: 617-246-5000
Fax: 617-246-4347
Online: Web Site

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