Conseco Inc
Industry: Insurance (Accident & Health)

Conseco, Inc. is a provider of supplemental health insurance, life insurance and annuities. Through its subsidiaries and a nationwide network of distributors, Conseco provides services to nearly five million customers. The Company is comprised of Bankers Life and Casualty Company, Bankers National Life Insurance Company, Conseco Annuity Assurance Company, Conseco Capital Management, Inc., Colonial Penn Life Insurance Company, Conseco Health Insurance Company, Conseco Life Insurance Company, Conseco Life Insurance Company of New York, Conseco Medical Insurance Company, Conseco Senior Health Insurance Company, Pioneer Life Insurance Company and Washington National Insurance Company.

Business Summary
Centene Corporation is a multi-line, managed-care organization that provides Medicaid and Medicaid-related programs to organizations and individuals through government-subsidized programs, including Medicaid, Supplemental Security Income (SSI) and the State Children's Health Insurance Program (SCHIP). It also provides specialty services, including behavioral health, nurse triage and treatment compliance to its own and other healthcare organizations. The Company has health plans in Indiana, Kansas, Missouri, New Jersey, Ohio, Texas and Wisconsin. It also provides specialty services in each of the states where it has health plans, as well as freestanding programs in Arizona, California and Colorado. Effective January 1, 2004, the Company commenced operations in Ohio through the acquisition of the Medicaid-related assets of Family Health Plan, Inc. Effective December 1, 2004, the Company acquired FirstGuard, Inc. and FirstGuard Health Plan, Inc.

Financial Summary
CNC provides managed care programs and related services to individuals receiving benefits under Medicaid and the State Children's Health Insurance Program. CNC has health plans in Indiana, New Jersey, Ohio, Texas and Wisconsin. For the 6 months ended 6/30/05, revenues rose 49% to $682M. Net income rose 42% to $29.7M. Results reflect more memberships of Medicaid managed care group, partially offset by an increase in medical costs.