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Sunday, December 20, 2009, 1:24PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
AMERIGROUP Corporation (AGP)On Dec 18: 25.79  Down 0.11 (0.42%)  
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AMERIGROUP Corporation
4425 Corporation Lane
Virginia Beach, VA 23462
United States - Map
Phone: 757-490-6900
Fax: 757-518-3600
Web Site: http://www.amerigroupcorp.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Health Care Plans
Full Time Employees:4,100

BUSINESS SUMMARY 
AMERIGROUP Corporation operates as a multistate managed healthcare company focused on serving people, who receive healthcare benefits through publicly sponsored programs, such as Medicaid, Children’s Health Insurance Program (CHIP), Medicaid expansion programs, and Medicare Advantage. Its Medicaid program makes federal matching funds available to various states for the delivery of healthcare benefits to eligible individuals, as well as allows each state to establish its own eligibility standards, benefits package, payment rates, and program administration under broad federal guidelines. The company also offers CHIP, a federal and state funded program that provides healthcare coverage to children covered by Medicaid or other insurance programs; Temporary Assistance to Needy Families, a program that provides assistance to low-income families with children; and Supplementary Security Income, a federal income supplement program, which provides assistance to aged, blind, and disabled individuals who have little or no income. In addition, AMERIGROUP Corporation provides FamilyCare, a Medicaid expansion health insurance program created to help uninsured families, single adults, and couples without dependent children obtain affordable healthcare coverage. It provides its healthcare services through contracts with primary care physicians, specialists, hospitals, and ancillary providers. As of December 31, 2008, the company provided an array of products to approximately 1,579,000 members in Florida, Georgia, Maryland, New Jersey, New Mexico, New York, Ohio, South Carolina, Tennessee, Texas, and Virginia. The company was formerly known as AMERICAID Community Care. AMERIGROUP Corporation was founded in 1994 and is headquartered in Virginia Beach, Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    AMERIGROUP Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 75% of S&P 600 companies and 85.1% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. James G. Carlson , 57
    Chairman, Chief Exec. Officer and Pres
    $ 4.10M $ 854.00K
    Mr. James W. Truess , 43
    Chief Financial Officer and Exec. VP
    $ 1.87M $ 0
    Mr. Richard C. Zoretic , 50
    Chief Operating Officer and Exec. VP
    $ 1.84M $ 0
    Mr. Stanley F. Baldwin Esq., 60
    Exec. VP, Sec. and Gen. Counsel
    $ 1.09M $ 42.00K
    Ms. Linda Whitley-Taylor , 45
    Exec. VP of HR
    $ 694.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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