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:10/13/2017)... ... ... The American Board of Family Medicine's (ABFM) Board of Directors has selected ... Dr. James C. Puffer upon his retirement. Dr. Newton will serve in the position ... the end of 2018. Upon assuming the role of President and CEO on January ...
(Date:10/13/2017)... Shelton, CT (PRWEB) , ... October 13, 2017 , ... ... and long-term care services, staged a mock evacuation of the facility as part of ... Department, Shelton Fire Department, Echo Hose EMS and Shelton City Emergency Manager, as well ...
(Date:10/13/2017)... ... 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of ... popular and least understood books in the Holy Scriptures, Revelation. The Book of Revelation ... scholars for centuries. Many have tossed it off as mere rubbish, but Yisrayl Hawkins ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... healthcare compliance program management, will showcase a range of technology and learning solutions ... Living (NCAL) Convention and Expo to be held October 14–18, 2017 at the ...
(Date:10/12/2017)... Bethesda, MD (PRWEB) , ... October 12, 2017 , ... ... Award of Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s ... 4 – 8. , In honor of Morris F. Collen, a pioneer in the ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... 28, 2017 Cohen Veterans Bioscience and Early ... of wearable and home sensors for real-time monitoring of ... Foundation, a nonprofit organization focused on disruptive health solutions ... affordable analytical system to record and integrate behavioral, cognitive, ... ...
(Date:9/23/2017)... , Sept. 22, 2017 Janssen Biotech, Inc. ... response letter from the U.S. Food and Drug Administration ... of sirukumab for the treatment of moderately to severely ... additional clinical data are needed to further evaluate the ... severely active RA. ...
(Date:9/18/2017)... Pa. and KALAMAZOO, Mich. , Sept. 18, ... , and OptiMed Specialty Pharmacy of ... to offer a strategic hub service that expedites and ... sought-after personal spirometer, Spiro PD 2.0, and wellness management ... spirometer is a medical device used to measure lung ...
Breaking Medicine Technology: