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About
Universal American Corp. provides health benefits to people covered by medicare medicaid. The company, through its subsidiaries, offers healthcare products and programs, including medicare advantage plans and traditional health insurance. it also offers a variety of traditional insurance products, including whole life insurance, first diagnosis cancer insurance, hospital indemnity insurance, and other specialty insurance products. The company operates through the following business segments: Medicare Advantage, Management Services Organization Medicaid and Corporate & Other. The Medicare Advantage segment includes medicare advantage businesses. The Management Services Organization segment supports physician partnerships in the development of value-based healthcare models. The Medicaid segment reflects the operations of medicaid business. The Corporate & Other segment reflects the activities of holding company. Universal American was founded on December 22, 2010 and is headquartered in White Plains, NY. | |||
Description
Universal American Corp., together with its subsidiaries, provides health benefits to people covered by Medicare in the United States. The company focuses on Medicare Advantage and Medicare Accountable Care Organizations businesses; and operates through Medicare Advantage and Management Services Organization segments. It operates HMO plans under contracts with centers for Medicare and Medicaid services under the Today's Options HMO brand; Medicare advantage management service organizations that manage business and affiliated independent physician associations; PPO plans under the Today's Options PPOs brand; and network PFFS plans under the Today's Options brand, as well as offers defined prescription drug benefit. The company also supports physician partnerships for the development of value-based healthcare models, such as accountable care organizations' (ACOs) with technology, analytics, clinical care coordination, regulatory compliance, and program administration resources. In addition, it operates ACOs under the Medicare Shared Savings Program through its physicians and other healthcare professionals. The company operates approximately 16 MSSP ACOs and 2 Next Generation ACO; and serves the Medicare population of approximately 119,500 members. It distributes products and services through a network of channels, including its career agents and independent agents, as well as through telephonic and Internet enrollment. Universal American Corp. was founded in 1981 and is headquartered in White Plains, New York. |