Navigation Links
MedAmerica Reports Solid Growth, Outperforms Industry
Date:6/3/2008

ROCHESTER, N.Y., June 3 /PRNewswire/ -- MedAmerica reports 2007 was its 17th consecutive year of growth and positive operating results. In addition, MedAmerica outperformed the long-term care insurance industry for the last five years with a compound annual sales rate of 10%. (LIMRA 2007)

MedAmerica Insurance Company of New York (Home Office: Rochester, NY), MedAmerica Insurance Company (Home Office: Pittsburgh, PA), and MedAmerica Insurance Company of Florida (Home Office: Winter Park, FL) are the long-term care insurance subsidiaries of Lifetime Healthcare, headquartered in Rochester, N.Y. In combined financial statements, The MedAmerica Companies reported that:
-- Assets increased by 12.5% to $983 million

-- Premium revenue increased 6.1% to $134.2 million

-- In-force policies increased to over 116,000

In addition to solid financial performance, 2007 marked the launch of MedAmerica's Simplicity ii(SM) cash long-term care insurance, which is the highest independently-rated long term care policy being sold in the U.S.*

"Our vision is to stand out as a company that is innovative and responsive to our customers' future needs," says Christopher D. Perna, president and COO. "MedAmerica is focused on making long-term care protection easy and affordable."

MedAmerica's Annual Report can be accessed from its Web site, http://www.MedAmericaLTC.com.

*SellingLTC.com


'/>"/>
SOURCE MedAmerica
Copyright©2008 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Uroplasty Reports Record Growth for the Fourth Quarter and Fiscal Year 2008
2. Haemacure Reports on Financing Progress and Second Quarter Results
3. Exelixis Reports Phase 1 and Phase 2 Data For XL647 at ASCO
4. Isolagen, Inc. Reports Receipt of Initiation of Delisting Proceedings Notice from Amex
5. Chem Rx Corporation Reports First Quarter 2008 Financial Results
6. CRH Medical reports Q1 2008 results
7. Caraco Pharmaceutical Laboratories, Ltd. Reports Record Results for the Fourth Quarter and Fiscal Year 2008
8. Unilens Vision Reports Increased Royalty Income
9. China Nepstar Chain Drugstore Reports Net Income Growth of 304.4% for First Quarter 2008
10. Shamir Optical Industry Ltd. Reports First Quarter 2008 Results
11. Nyer Medical Group, Inc. Reports Revenues of $18.9 Million With Net Loss of $.16 Per Share for 3rd Quarter of Fiscal Year 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/19/2017)... (PRWEB) , ... January 19, ... ... introducing the Aerolib Learning Management System: an On-demand E-learning system for Clinical ... and Hospital Administration that is based on Aerolib`s successful education methodology of ...
(Date:1/19/2017)... , ... January 19, 2017 , ... ... SF expansion and facility enhancement of their 503A compounding pharmacy located in Ocala, ... growing demand of physicians and patients throughout the United States for high-quality human ...
(Date:1/19/2017)... ... 2017 , ... This month, the CEO and Clinical Director of Sober Living ... center in Delray Beach, Florida has been changed from Sober Living Outpatient to ‘SLO ... Seymour Hoffman and Chris Farley are dying from heroin overdoses, but thousands of unnamed ...
(Date:1/19/2017)... ... 19, 2017 , ... WhoHaha , a digital media company dedicated to ... (AHA) to produce a three-part video series that uses humor to highlight ways to ... launch of AHA’s Healthy For Good™ movement, which is designed to inspire all Americans ...
(Date:1/19/2017)... ... 2017 , ... Cosmetic Town, an online plastic surgery community, begins 2017 with ... easier for their readers to get the information they desire. The procedures are now ... techniques used on those particular areas. , “We are excited to streamline our listings ...
Breaking Medicine News(10 mins):
(Date:1/19/2017)... , , Marks E-QURE , ... agreement, following similar agreements in Israel and ... 5 billion global market ... leader in medical devices for the treatment of advanced wound care, announced today ... in Colombia for the Company,s patented Bio-electrical Signal Therapy ...
(Date:1/19/2017)... Jan. 18, 2017 The Global Therapy Partnering ... access to partnering deals and agreements entered into by ... partnering deals - Top deals by value - Deals ... technology type The report provides understanding and access ... the world,s leading healthcare companies. The report provides ...
(Date:1/19/2017)... , Jan. 18, 2017   Synthetic Biologics, ... company developing therapeutics designed to preserve the microbiome ... today confirmed plans to initiate a Phase 2b/3 ... reformulation of lovastatin lactone designed to reduce methane ... in the gut to treat the underlying cause ...
Breaking Medicine Technology: