What Is CareFirst Health Insurance?

CareFirst is a health care insurer that serves more than 3 million customers in the Washington, D.C., area, including the district itself, the entire state of Maryland and parts of northern Virginia; the company operates on a nonprofit, nonstock basis and insures both individuals and groups, notes the CareFirst website. A part of BlueCross BlueShield's insurance network, CareFirst recorded $7.6 billion of revenue and spent $6.4 billion on medical care in 2013. CareFirst has been named one of the World's Most Ethical Companies three times by Ethisphere, winning a spot on the list in 2013, 2014 and 2015.

Customers of CareFirst have access to what the company describes as the largest provider network in their immediate region. The company's networks include more than 80 percent of health care providers in the region, although not all providers participate in all plans, as stated by CareFirst.

Other CareFirst features include a mission to offer affordable health insurance services that are easy for customers to take advantage of and a commitment to conducting responsible business as a nonprofit organization. The company also states as part of its mission that it has a commitment to helping individuals without health insurance, including supporting public initiatives to promote health care among the uninsured.