Oxford Health Plans (Oxford) is the largest point-of-service provider in the New York area, serving more than 1.5 million members. Oxford is a health care company providing health benefit plans primarily in New York, New Jersey and Connecticut. The Company's product line includes its HMOs, EPOs, POS plans, PPOs, indemnity plans and several plans offered to Medicare beneficiaries. Oxford's product line includes third-party administration of employer-funded benefit plans. The company also offers several ancillary and specialty benefit plans. Oxford is not dependent on any single employer or group of employers, as the largest employer group contributed approximately 1.4% of total premiums earned during 2003 and the ten largest employer groups contributed approximately 5.3% of total premiums earned during 2003. The company's Medicare revenue under its contracts with the federal Centers for Medicare and Medicaid Services represented approximately 12% of its premium revenue earned during 2003. Oxford completed its merger in 2004 with UnitedHealthcare, a division of UnitedHealth Group. Oxford will operate as a wholly owned subsidiary of UnitedHealthcare.