California Physicians' Service · San Francisco, CA United States
Company Description
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California Physicians' Service, which operates as Blue Shield of California, provides health insurance products and related services to some 3.4 million members in the state of California. The not-for-profit mutual organization's health insurance products include HMO, PPO, dental, and Medicaid or Medicare supplemental plans for individuals, families, and employer groups. Accidental death and dismemberment, executive medical reimbursement, life insurance, vision, and short-term health plans are provided by the company's Blue Shield of California Life & Health Insurance subsidiary. Blue Shield of California has more than 20 locations across California. To read the full description, subscribe now.
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Key California Physicians' Service Financials
| Company Type | Private - Not-for-Profit Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $8,898.0 |
| 2008 Employees | 4,800 |
California Physicians' Service Executives
57 executives listed for California Physicians' Service's San Francisco, CA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Bruce Bodaken | Network |
| EVP and COO | Paul Markovich | Network |
| EVP and CFO | Heidi Kunz | Network |
Competition
Competitive Landscape for California Physicians' Service
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top California Physicians' Service Competitors
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