HMOs Still Cover 38% of New England Market.Business Editors and Health Writers KENNEBUNK, Maine--(BUSINESS WIRE)--June 19, 2002 New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, market share is much greater than the national trend, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mark Farrah Associates (MFA See multifactor authentication. ). HMOs insured about 38% of the New England population as of year-end 2001. There were 19 managed care organizations (MCOs) in New England conducting business in the region last year, many operating more than one HMO. Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. (Massachusetts only),
Anthem anthem [ultimately from antiphon], short nonliturgical choral composition used in Protestant services, usually accompanied and having an English text. The term is used in a broader sense for "national anthems" and for the Latin motets still used occasionally in East (Connecticut Connecticut, state, United StatesConnecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W). , Maine Maine, ship Maine, U.S. battleship destroyed (Feb. 15, 1898) in Havana harbor by an explosion that killed 260 men. The incident helped precipitate the Spanish-American War (Apr., 1898). Commanded by Capt. Charles Sigsbee, the ship had been sent (Jan. and New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). ), Harvard Pilgrim Health Care (Maine, Massachusetts and New Hampshire) and Tufts Health Plan (Massachusetts only) are the largest. Collectively, they owned 56% of the HMO market last year.
Managed Care
Organizations
with HMOs in
New England HMOs in These
As of New England New England
December 31, 2001 States HMO Members HMO Brands
Aetna CT, ME, MA, NH, RI 257,839 Aetna
Anthem East CT, ME, NH 770,665 BlueCare, HMO Maine,
Maine Partners,
Matthew Thornton
Blue Cross Blue
Shield of
Massachusetts MA 938,450 HMO Blue
Blue Cross Blue
Shield of
Rhode Island MA, RI 116,829 BlueCHip: Coordinated
Health Partners
Blue Cross Blue
Shield of Vermont VT 28,570 Vermont Health Plan
CIGNA CT, ME, MA, NH 323,259 CIGNA
ConnectiCare CT, MA 247,962 ConnectiCare
Fallon Community
Health Plan MA 187,235 Fallon
Harvard Pilgrim, First
Harvard Pilgrim Seniority,
Health Care ME, MA, NH 731,699 Neighborhood Health
Plan
Health Net CT 457,144 Health Net
Health New England MA 77,453 Health New England
MedSpan CT 65,025 MedSpan
MVP Health Care VT 50,685 MVP
Neighborhood Health
of Rhode Island RI 74,603 Neighborhood Health
Plan of Rhode Island
Great West Life &
Annuity Insurance
Company MA 3,792 One Health Plan
Oxford Health Plans CT 58,991 Oxford Health Plans
Tufts Health Plan MA 700,813 Tufts Health Plan,
Secure Horizons
United HealthCare MA, RI 168,317 United HealthCare
WellCare Management
Group CT 22,347 FirstChoice
Grand Total 5,281,678
To keep track of ongoing changes in the New England HMO market, contact MFA about a subscription to the New England HMO Monitor. The New England HMO Monitor is the most comprehensive source for information about managed care business in the region. Please contact MFA or visit our web site at www.markfarrah.com for more information. --30--mb/bos8
CONTACT: Mark Farrah Associates
LuAnne Farrah, (207) 985-8484
mfa@markfarrah.com
KEYWORD: MAINE
INDUSTRY KEYWORD: MEDICAL INSURANCE
SOURCE: Mark Farrah Associates
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