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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.
“Coventry
Health Care Website”
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with us today! You will need to call us at
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Please be aware that products may not be available
in all states.
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