| Business Summary | | Cobalt
Corporation
is
a
managed
care
company
that
serves
2.8
million
lives
in
50
states.
Formed
by
the
merger
of
Blue
Cross
&
Blue
Shield
United
of
Wisconsin
and
United
Wisconsin
Services,
Inc.,
Cobalt
Corporation
offers
a
diverse
portfolio
of
complementary
insurance
and
managed
care
products
to
employer,
individual,
insurer
and
government
customers.
Cobalt
sells
health
and
dental
products
that
deliver
a
wide
array
and
strong
combination
of
benefit
plans,
funding
options
and
provider
networks.
The
Company
operates
the
oldest
Health
Maintenance
Organization
(HMO)
system
in
Wisconsin,
as
well
as
offers
a
complete
spectrum
of
insurance
and
products
including
indemnity,
Preferred
Provider
Option
(PPO)
and
Point
of
Service
(POS)
plans.
The
Company
also
offers
Administrative
Services
Only
(ASO)
for
large,
national,
self-insured
employers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CBZ,
a
managed
care
company
formed
by
the
merger
of
Blue
Cross
and
Blue
Shield
United
of
WI
and
United
Wisconsin
Services,
Inc.,
offers
complementary
insurance
and
managed
care
products
to
employer,
individual,
insurer
and
gov't.
customers.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
$606.1
million,
up
from
$301.7
million.
Net
loss
decreased
85%
to
$2.5
million.
Results
reflect
the
acquisition
of
United
Wisconsin
Services
and
an
improved
loss
ratio. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Hefty, 53 Chairman,
Pres, CEO | $634K | Gail Hanson, 45 CFO,
Sr. VP, Treasurer | 257K | Stephen Bablitch, 46 Sr.
VP, Gen. Counsel, Sec. | 269K | Michael Bernstein, 40 Sr.
VP | -- | Catherine Harvey, 38 Sr.
VP | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|