excellus bluecross blueshield files annual report with state insurance department
DESCRIPTION
Excellus BlueCross BlueShield made a $44.5 million profit in 2010, which ended two straight years of operating losses, the health insurer reported Tuesday in an annual report it makes to the state Insurance Department. Here is that report:TRANSCRIPT
![Page 1: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/1.jpg)
![Page 2: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/2.jpg)
![Page 3: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/3.jpg)
![Page 4: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/4.jpg)
![Page 5: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/5.jpg)
![Page 6: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/6.jpg)
![Page 7: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/7.jpg)
![Page 8: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/8.jpg)
![Page 9: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/9.jpg)
![Page 10: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/10.jpg)
![Page 11: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/11.jpg)
![Page 12: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/12.jpg)
![Page 13: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/13.jpg)
![Page 14: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/14.jpg)
![Page 15: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/15.jpg)
![Page 16: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/16.jpg)
![Page 17: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/17.jpg)
![Page 18: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/18.jpg)
![Page 19: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/19.jpg)
![Page 20: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/20.jpg)
![Page 21: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/21.jpg)
![Page 22: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/22.jpg)
![Page 23: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/23.jpg)
![Page 24: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/24.jpg)
![Page 25: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/25.jpg)
![Page 26: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/26.jpg)
![Page 27: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/27.jpg)
![Page 28: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/28.jpg)
![Page 29: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/29.jpg)
![Page 30: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/30.jpg)
![Page 31: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/31.jpg)
![Page 32: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/32.jpg)
![Page 33: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/33.jpg)
![Page 34: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/34.jpg)
![Page 35: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/35.jpg)
![Page 36: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/36.jpg)
![Page 37: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/37.jpg)
![Page 38: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/38.jpg)
![Page 39: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/39.jpg)
![Page 40: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/40.jpg)
![Page 41: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/41.jpg)
![Page 42: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/42.jpg)
![Page 43: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/43.jpg)
![Page 44: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/44.jpg)
![Page 45: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/45.jpg)
![Page 46: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/46.jpg)
![Page 47: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/47.jpg)
![Page 48: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/48.jpg)
![Page 49: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/49.jpg)
![Page 50: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/50.jpg)
![Page 51: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/51.jpg)
![Page 52: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/52.jpg)
![Page 53: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/53.jpg)
![Page 54: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/54.jpg)
![Page 55: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/55.jpg)
![Page 56: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/56.jpg)
![Page 57: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/57.jpg)
![Page 58: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/58.jpg)
![Page 59: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/59.jpg)
![Page 60: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/60.jpg)
![Page 61: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/61.jpg)
![Page 62: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/62.jpg)
![Page 63: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/63.jpg)
![Page 64: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/64.jpg)
![Page 65: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/65.jpg)
![Page 66: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/66.jpg)
![Page 67: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/67.jpg)
![Page 68: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/68.jpg)
![Page 69: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/69.jpg)
![Page 70: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/70.jpg)
![Page 71: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/71.jpg)
![Page 72: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/72.jpg)
![Page 73: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/73.jpg)
![Page 74: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/74.jpg)
![Page 75: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/75.jpg)
![Page 76: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/76.jpg)
![Page 77: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/77.jpg)
![Page 78: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/78.jpg)
![Page 79: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/79.jpg)
![Page 80: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/80.jpg)
![Page 81: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/81.jpg)
![Page 82: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/82.jpg)
![Page 83: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/83.jpg)
![Page 84: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/84.jpg)
![Page 85: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/85.jpg)
![Page 86: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/86.jpg)
![Page 87: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/87.jpg)
![Page 88: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/88.jpg)
![Page 89: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/89.jpg)
![Page 90: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/90.jpg)
![Page 91: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/91.jpg)
![Page 92: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/92.jpg)
![Page 93: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/93.jpg)
![Page 94: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/94.jpg)
![Page 95: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/95.jpg)
![Page 96: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/96.jpg)
![Page 97: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/97.jpg)
![Page 98: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/98.jpg)
![Page 99: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/99.jpg)
![Page 100: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/100.jpg)
![Page 101: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/101.jpg)
![Page 102: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/102.jpg)
![Page 103: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/103.jpg)
![Page 104: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/104.jpg)
![Page 105: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/105.jpg)
![Page 106: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/106.jpg)
![Page 107: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/107.jpg)
![Page 108: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/108.jpg)
![Page 109: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/109.jpg)
![Page 110: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/110.jpg)
![Page 111: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/111.jpg)
![Page 112: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/112.jpg)
![Page 113: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/113.jpg)
![Page 114: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/114.jpg)
![Page 115: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/115.jpg)
![Page 116: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/116.jpg)
![Page 117: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/117.jpg)
![Page 118: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/118.jpg)
![Page 119: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/119.jpg)
![Page 120: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/120.jpg)
![Page 121: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/121.jpg)
![Page 122: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/122.jpg)
![Page 123: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/123.jpg)
![Page 124: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/124.jpg)
![Page 125: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/125.jpg)
![Page 126: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/126.jpg)
![Page 127: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/127.jpg)
![Page 128: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/128.jpg)
![Page 129: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/129.jpg)
![Page 130: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/130.jpg)
![Page 131: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/131.jpg)
![Page 132: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/132.jpg)
![Page 133: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/133.jpg)
![Page 134: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/134.jpg)
![Page 135: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/135.jpg)
![Page 136: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/136.jpg)
![Page 137: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/137.jpg)
![Page 138: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/138.jpg)
![Page 139: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/139.jpg)
![Page 140: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/140.jpg)
![Page 141: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/141.jpg)
![Page 142: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/142.jpg)
![Page 143: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/143.jpg)
![Page 144: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/144.jpg)
![Page 145: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/145.jpg)
![Page 146: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/146.jpg)
![Page 147: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/147.jpg)
![Page 148: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/148.jpg)
![Page 149: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/149.jpg)
![Page 150: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/150.jpg)
![Page 151: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/151.jpg)
![Page 152: Excellus BlueCross BlueShield files annual report with state Insurance department](https://reader034.vdocuments.us/reader034/viewer/2022052522/551b7e5e4a795911748b474f/html5/thumbnails/152.jpg)