Universal American Financial Corp. Insurance Company

Universal American Financial Corp. Insurance Company
6 International Drive
Rye Brook, NY 10573-1068
(914) 934-5200
(914) 934-0700

Universal American Financial Corporation Insurance Company is a health and life insurance provider licensed to sell insurance in all U.S. states. Located in Rye Brook, New York, Universal American has seven insurance subsidiaries serving the senior citizen healthcare market. These subsidiary companies that deliver its services include Pennsylvania Life Insurance Company, Pyramid Life Insurance Company, American Pioneer Life Insurance Company, American Progressive Life & Health Insurance Company of New York, Constitution Life Insurance Company, Marquette National Life Insurance Company, and Union Bankers Insurance Company.

Universal American Financial has over 2,000 employees at offices in Florida, New York, Ohio, Oklahoma, Texas, Washington, D.C., and Wisconsin. A Fortune 500 company, its family of companies supplies reasonably priced healthcare products and programs. Universal American Financial specializes in life and health-related insurance plans mainly intended for seniors, sold through its insurance subsidiaries. Its policies consist of Senior Medical Care, Medicare Supplemental, Medicare Drug Benefit and Medicare Advantage. Universal American Financial also sells specialty health insurance to the self-employed and life insurance plans to seniors.

For the fiscal year 2007, Universal American Financial got a B++ financial strength rating and “bbb” issuer credit rating from A.M. Best, a U.S. based credit rating agency. A B++ financial strength rating revealed Universal American Financial’s improvement in its operating results and secured its presence in the American health insurance market. The company has assets and premiums of $2.6 billion.

Universal American Financial provides different types of Medicare Insurance Plans. Medicare Advantage plans provide benefits for all of customers’ Medicare-covered healthcare and prescription drug needs. Stand-alone Medicare Part D Prescription Drug Plans takes care of the prescription drug needs. In addition, Medicare Supplement Insurance Plans provides extra coverage customers need. These Medicare Supplement Insurance Plans are not related with or endorsed by the United States government or the federal Medicare program.

These offered plans by Universal American Financial, in particular, include Medicare Prescription Drug (PDP) Plans, Community CCRx SM PDP, PrescribaRxSM PDP, Medicare Advantage Private Fee-for-Service (PFFS) Plans, Today’s Options PFFS, Medicare Advantage Preferred Provider Organization (PPO), Today’s Options PPO, Medicare Advantage Health Maintenance Organization (HMO), Generations Healthcare HMO, TexanPlus HMO (North Texas), TexanPlus HMO (Southeast Texas), and Today’s Health HMO.

The company is committed to collaborate with communities, such that in 2010, Universal American Financial launched its ”Collaborating for Good Health” Giving Back Program. Universal American Financial’s healthy collaboration exemplifies a dedication to work together for better health of its members. The company lives up to its promise by nurturing strong relationships with doctors, pharmacists, and other healthcare providers who take part in its joint model of care to maintain good health for its members. If members have closer relationships with their doctors and pharmacists, they can manage their chronic disease better, detect illness earlier and live more contented, more satisfying lives.

Community organizations share a big role in making this collaborative model of care work. These community organizations do the groundwork to assist people with Medicare, making the most of their benefits and keeping sure that older Americans have access to services that makes the quality of their lives better.