Review of CareFirst’s 2011 Surplus
District law requires DISB to periodically review the surplus of Group Hospitalization and Medical Services, Inc. (GHMSI), a subsidiary of CareFirst, Inc., doing business in the District as CareFirst BlueCross BlueShield (CareFirst). A hearing will be held to determine whether CareFirst’s surplus for the year ended December 31, 2011 was unreasonably large and inconsistent with its community health reinvestment obligations.
More information on surplus reviews is available here. More information about DISB’s review of CareFirst’s surplus for the year ended December 31, 2008 is available here. Additional CareFirst surplus review filings are available here.
Surplus Review Report for Year Ended December 31, 2011 and Responses