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AMERIGROUP Reports Q4 Net Income of $31.1 Million or $0.57 Per Diluted Share; Full-Year Net Income of $116.5 Million or $2.16 Per Diluted Share
Date:2/13/2008

13.1% 14.2% 12.6% 13.0%

Income before income taxes 4.6% 5.8% 4.7% 6.1%

Net income 2.9% 3.7% 3.0% 3.8%

(1) The health benefits ratio is shown as a percentage of premium revenue

because there is a direct relationship between the premium received and

the health benefits provided.

The following table sets forth the approximate number of our members we

served in each state as of December 31, 2007 and 2006. Because we receive

two premiums for members that are in both the Medicare Advantage and Aged,

Blind and Disabled products, these members have been counted twice in the

states where we offer these plans.

December 31,

2007 2006

Texas(1) 460,000 406,000

Tennessee(2) 356,000 -

Georgia 211,000 227,000

Florida 206,000 202,000

Maryland 152,000 145,000

New York 112,000 126,000

New Jersey 98,000 102,000

Ohio 54,000 46,000

District of Columbia 38,000 40,000

Virginia 24,000 22,000

South Carolina - -

Total 1,711,000 1,316,000

(1) Membership includes approximately 13,000 and 14,000 members under

ASO contracts in 2007 and 2006, respectively.

(2) Membership
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SOURCE AMERIGROUP Corporation
Copyright©2008 PR Newswire.
All rights reserved

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3. AMERIGROUP Names Mary McCluskey, MD, Chief Medical Officer
4. AMERIGROUP Contracts with Federal Government to Offer Medicare Advantage Health Plans in Seven States
5. AMERIGROUP Corporation to Discuss Third Quarter Earnings on October 25
6. AMERIGROUP to Participate in National Disability Mentoring Day
7. AMERIGROUP Corporation to Present at the 2007 Credit Suisse Healthcare Conference on November 13
8. AMERIGROUP Corporation to Present at the Merrill Lynch Health Services Investor Conference on November 27
9. AMERIGROUP Community Care Provides Doctors Office Makeover in Houston
10. AMERIGROUP Foundation Awards $100,000 to Grady Health System Foundation in Atlanta
11. AMERIGROUP Community Care of Georgia Wins New Health Plan Accreditation from NCQA
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