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:6/26/2016)... North Carolina (PRWEB) , ... June 26, 2016 , ... ... release of a new product that was developed to enhance the health of felines. ... for centuries. , The two main herbs in the PawPaws Cat Kidney Support ...
(Date:6/25/2016)... ... ... Austin residents seeking Mohs surgery services, can now turn to Dr. Jessica ... Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to include Mohs ... Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of Glenn Goldstein, ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern Californian, Dr. ... his M.D from the David Geffen School of Medicine at UCLA. He trained in ... to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published June 14 ... The article goes on to state that individuals are now more comfortable seeking to ... operations such as calf and cheek reduction. The Los Angeles area medical group, Beverly ...
(Date:6/24/2016)... ... June 24, 2016 , ... The ... in Dallas that it will receive two significant new grants to support its ... PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists for ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... -- Any dentist who has made an implant supported denture ... of them do not even offer this as a viable ... costs involved. And those who ARE able to offer that ... cost that the majority of today,s patients would not be ... , founder of Dental Evolutions Inc. and inventor of Implanova ...
(Date:6/23/2016)... June 23, 2016 Research and Markets ... Medical Market Analysis 2016 - Forecast to 2022" report ... The report contains up to date financial data derived from ... of major trends with potential impact on the market during ... market segmentation which comprises of sub markets, regional and country ...
(Date:6/23/2016)... , June 23, 2016 , ... on Thursday, July 7, 2016 , , , , LOCATION: ... , , , , EXPERT PANELISTS:  , , , ... Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and ... The global pharmaceutical industry is witnessing an exceptional era. ...
Breaking Medicine Technology: