In years where the Association experiences an operational gain, it strengthens the reserves. We strive to balance several years of losses against several years of gains without placing the security of our membership in jeopardy and without having to make abrupt adjustments to health plan dues year after year. HMSA's community board is comprised of 27 directors. All board members serve without compensation, and are elected to fill posts representing a specific community group or professional discipline. The board includes representatives from business, labor, government, health care, education, clergy, and the community at large.
Directors serve staggered three-year terms.
About 500 HMSA members from around the state attended this year's annual meeting. Members voted to fill nine vacancies on the HMSA board of directors and approved the appointment of an independent auditor. HMSA is a nonprofit, mutual benefit association. It is a member of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield plans. HMSA is the most experienced provider of health care coverage in the state.