PROFILE |
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Even New Yorkers get the Blues. Empire Blue Cross and Blue Shield serves more than 4 million customers in eastern New York, making it a leading health care provider in its market. It offers indemnity coverage and managed care products, including HMO, PPO, and EPO (exclusive provider organization offering no out-of-network benefits) plans. Empire also operates for-profit subsidiaries, including accident and health insurance provider Empire HealthChoice Assurance and Empire HealthChoice HMO. Empire has announced plans to convert to for-profit status but says it will form a charitable foundation to help care for New York's poor and uninsured.
COMPETITION |
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Aetna Inc. (AET)
Health Insurance Plan of Greater New York (dossier)
Oxford Health Plans, Inc. (OHP)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 4,200.00
1-Yr. Sales Growth: 27.3%
Employees: 6,000
Revenue per employee: $700,000.00
KEY PEOPLE |
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Michael A. Stocker
CEO
John W. Remshard
CFO
CONTACT INFO |
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One World Trade Center
New York, NY 10048
US
Phone: 212-476-1000
Fax: 212-476-1281
Online: Web Site
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