Coventry was founded over 20 years ago when Coventry Corporation was incorporated on November 21, 1986. Coventry Health Care, Inc. then became a public company in 1991 and currently provides a wide array of services ranging from individual health insurance to worker’s compensation to more than 5 million members in all 50 states.
The CoventryOne family of brands is currently available in 22 states and although 3rd Quarter Earnings are scheduled to be released on October 30, 2009 their Coventry 2nd Quarter Health Insurance Earnings illustrated operating revenues totaling $3.5 billion in which ultimately was 18.8% increase in revenues from the prior year quarter as well as a $95.7 million reduction in debt during the quarter. It’s no surprise that Coventry has been included in the Standard & Poor’s 500 Index and named to the Fortune 500 every single year since 2002.
The Coventry National Network
In addition to their ever-extending network that currently includes 4,800 hospitals, 555,000 professional providers and 68,000 pharmacies; Coventry continues to offer cost-effective options while maintaining low out of pocket costs for the policy holder and robust member benefits. Although plans vary by state many plans offer first dollar benefits that essentially means that from the first date of coverage you can go to a doctor and have a physical for instance covered with a copay of $30 for example or an emergency room visit with a $150 copay instead of being responsible to pay your contract year deductible before having medical benefits covered with just a copay. Comprehensive medical benefits covered in Coventry’s insurance plans include, but are not limited to, preventive care services, hospitalization, emergency care, prescription drug coverage, outpatient diagnostic and surgery care, skilled nursing, and hospice care. You’ll find that one of the advantages Coventry offers are the various plan options in which seemingly tailor made to better meet your specific needs, for instance plans offer 80/20, 70/30, or 100% coinsurance options on many of their plans.
In addition to these benefits available through Coventry’s individual and group health insurance plans, you can also review your particular state’s plan benefit summaries in which will offer a more comprehensive listing of covered benefits.
For More Information on Coventry in Your State
We are adding new pages everyday so if you don’t see your state in our list yet you can go to your specific states health insurance page and read about all the health insurance companies in your state.
