vbpagelogo.gif (5078 bytes) Virginia's Health Plans:
Struggling to Break Even
HMO Headquarters

Total
Revenues

(in millions)

Net
Income

(in millions)

Profit
Margin

Aetna U. S. Healthcare

Falls Church

$741.41

$16.14

2.20%

Capital Care*

Washington, D.C.

143.57

13.63

9.5

Carilion Health Plans

Roanoke

3.22

-3.12

-96.8

CIGNA Healthcare of the Mid-Atlantic

Columbia, Md.

76.29

-4.33

-5.7

CIGNA Healthcare of Virginia

Richmond

142.70

4.51

3.2

Consumer Dental Care of Virginia

Calverton, Md.

1.59

0.18

11.5

Dominion Dental Services

Alexandria

9.36

0.26

2.7

The George Washington University Health Plan

Bethesda, Md.

157.76

-5.84

-3.7

HealthKeepers

Richmond

315.28

4.7

1.5

Humana Group Health Plan

Louisville, Ky.

1.00

6.53

651.1

Innovation Health

Fairfax

19.90

-14.27

-71.7

John Deere Health Plan

Roanoke

424.91

5.99

1.4

Kaiser Foundation Health Plan of the Mid-Atlantic

Rockville, Md.

1,078.34

-9.22

-0.9

MD-Individual Practice Association

Rockville, Md.

235.62

13.60

5.8

National Capital Health Plan

Van Nuys, Calif.

0.31

0.42

136.7

Optima Health Plan

Virginia Beach

327.60

-0.71

-0.2

Optimum Choice

Rockville, Md.

669.75

6.89

1

Partners National Health Plans of N.C.

Winston-Salem, N.C.

488.59

8.11

1.7

Peninsula Health Care

Newport News

68.58

3.76

5.5

Piedmont Community HealthCare

Lynchburg

3.35

0.10

2.9

Priority Health Care

Richmond

122.73

3.29

2.7

Prudential Health Care Plan

Roseland, N.J.

3,798.41

-211.60

-5.6

QualChoice of Virginia Health Plan

Charlottesville

119.47

0.39

0.3

Sentara Health Plans

Virginia Beach

8.81

2.46

28

Southern Health Services

Richmond

84.88

0.74

0.9

Spectera Vision

Baltimore, Md.

0.93

0.24

26.1

United HealthCare of the Mid-Atlantic

Baltimore, Md.

410.52

4.30

1

United HealthCare of Virginia

Richmond

111.96

-14.85

-13.3

Virginia Chartered Health Plan

Richmond

42.85

-1.68

-3.9

*Title changed to CareFirst BlueCross BlueShield      Data: State Corporation Commission Bureau of Insurance (1999 figures)