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Coventry is a national managed health care company based in Bethesda, Maryland. Coventry operates health plans, insurance companies, network rental services companies, and workers compensation services companies. Our company, which has roots that can be traced back to Nashville, Tennessee, in 1986, has grown to become a Fortune 500 company that now employs almost 10,000 people.

Coventry provides a full range of risk and fee-based managed care products and services, including HMO, PPO, POS, Medicare Advantage, Medicare Prescription Drug Plans, Medicaid, Workers’ Compensation services and Network Rental to a broad cross section of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators in all 50 states as well as the District of Columbia and Puerto Rico.

Coventry has enjoyed steady growth in recent years. The company’s membership surpassed the 1 million mark in 1998, and the 2 million mark in 2002. In October, 2004, on the same day Coventry made known its 25th consecutive quarter of earnings growth, our company announced it had reached a definitive agreement to acquire First Health Group Corp., headquartered in Chicago. The First Health acquisition was completed in January, 2005.

Through the first half of 2006, enrollment in Coventry’s traditional group health plans and insurance company lines of business exceeded 3.5 million members. The company's revenues for 2006 are expected to surpass $7.5 billion.

Our company also has an important track record in serving people with Medicare. Coventry companies have served a growing number of Medicare Advantage members, and have received high customer satisfaction ratings.

Coventry began offering Medicare prescription drug (also known as “Medicare Part D”) plans as of January 1, 2006 through three subsidiary companies: Coventry Health and Life Insurance Company, Cambridge Life Insurance Company, and First Health Life & Health Insurance Company. Through the first half of 2006, the company's enrollment in these stand-alone Part D products was 663,000 members.

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