News & Updates
John J. Canavan Elected Chair of HealthNow, Donald K. Boswell as Vice Chair
At its annual meeting, HealthNow New York Inc.—parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York—elected John J. Canavan, principal of Strategic Growth Advisors, LLC, as chair of HealthNow's board of directors.
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HealthNow’s 2007 Financial Results Strengthen Competitive Position
HealthNow filed its 2007 financial results with the New York State Department of Insurance (NYSID). For the fiscal year ending December 31, 2007, the company increased NYSID-mandated statutory reserves by approximately $34 million to $496 million. Total revenues increased from $2.11 billion in 2006 to $2.14 billion, while net underwriting gain decreased from $71.9 million to $48.4 million in 2006. Overall membership, inclusive of insured members and self-insured business, exceeded 815,000 members.
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Did You Know?
UPDATE ON H1N1 Virus ("Swine Flu") - The H1N1 virus (swine influenza, or "swine flu") is a contagious acute respiratory disease generally found in pigs, caused by one of several swine influenza A viruses. Read More »


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