Company Highlights

• HIP Health Plan of New York provides access to physician services and hospital care in a variety of ways, including:
• Contracting with more than 160 hospitals, including major acute care institutions, in New York, Connecticut and Massachusetts to provide services to our members.
• Providing access to HIP contracted doctors practicing in large multi-specialty outpatient medical centers and outpatient medical centers associated with some of New York's leading hospitals.
• Offering a total network of independent physicians and other providers, including the networks of our subsidiaries, comprising approximately 43,000 physicians and other providers in over 72,000 locations in New York, Connecticut and Massachusetts.
• HIP is the largest HMO in New York City by membership and the largest provider of Medicare Advantage, formerly known as Medicare+Choice, in the State of New York.
• HIP offers a broad array of managed care products and services, including HMO, PPO, EPO, POS and ASO plans.
• In 2006, HIP became affiliated with Group Health, Inc. ("GHI") under the common control of EmblemHealth, Inc. Together, HIP and GHI have more than 4 million members and offer about 92,000 providers in over 142,000 locations.
• HIP acquired PerfectHealth in 2006; ConnectiCare, one of the nation's leading health plans, in 2005; and Vytra Health Plans of Long Island in 2001.
• HIP possesses an experienced, well respected management team, headed by Anthony L. Watson, Chairman and Chief Executive Officer.
• HIP's strong ties to New York City include:
• The organization was formed to provide quality health care to persons of moderate income through the efforts of former New York City Mayor Fiorello H. LaGuardia.
• Its first members were employees of the city government.
• Approximately 259,000 New York City employees, retirees and dependents are members.
• HIP provides health insurance coverage for New York State and federal employees and labor unions.
• The National Committee for Quality Assurance (NCQA) has awarded HIP's commercial HMO and POS with Excellent Accreditation. HIP also earned the "NCQA Quality Plus Distinction in Member Connections" for its Commercial HMO/POS products combined.
• HIP's Web site, hipusa.com®, was one of the first in the nation to be available in Chinese as well as English, Korean and Spanish.
• HIP upholds a long tradition of community service and activism, supporting organizations and institutions including the New York University College of Nursing Leadership Institute for Black Nurses, LaGuardia Community College and the National Medical Fellowships.