Navigation Links
New Long-Term Care Insurer Offers Simplified Insurance Plans in Florida

ROCHESTER, N.Y., Dec. 13 /PRNewswire/ -- Long-term care insurer MedAmerica, will expand with a new carrier domiciled in Florida on Dec. 15, MedAmerica Insurance Company of Florida (Home Office: Winter Park, FL). Recognizing the unique qualities and opportunities of the Florida market, MedAmerica decided to incorporate a new carrier dedicated to that state.

December 15 will also mark the launch of MedAmerica's cash long term care insurance product, Simplicity ii(SM), which is the highest independently-rated long term care insurance in the U.S.

"We have simplified long term care insurance by offering a cash policy that's easy to use," says Christopher D. Perna, president of MedAmerica. "Traditional long term care insurance is too complicated and limited to defined care services and settings that may not even exist when care is needed. We believe that the policyholder, not the insurance company, should control what services or care are received. Simplicity ii(SM) makes that possible."

After a Simplicity policyholder becomes benefit eligible, they receive monthly benefits distributed from their Cash Benefit Account. Their monthly cash benefit is prepaid and is guaranteed in full each month they remain on claim, whether or not they received services. A person can use the funds as they choose, no company approval is required. Cash Benefit Accounts are available in varying amounts from $100,000 to $1 million and can grow over time using various inflation protection options.

Policyholders have been notified that MedAmerica Insurance Company of Florida has assumed their MedAmerica Insurance Company contracts issued in Florida. There are no changes in coverage or premium as a result of this transaction. Only the carrier has changed.

MedAmerica Insurance Company of Florida (Home Office: Winter Park, FL), MedAmerica Insurance Company (Home Office: Pittsburgh, PA), and MedAmerica Insurance Company of New York (Home Office: Rochester, NY) are the long term care subsidiaries of Lifetime Healthcare, Inc., a $5 billion not-for-profit health insurer that finances and delivers health care to more than 2 million people. The administrative offices for all three carriers will remain at 165 Court Street, in Rochester, N.Y.

SOURCE MedAmerica
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Smoking may strongly increase long-term risk of eye disease
2. Long-Term Fatigue Plagues Cancer Survivors
3. Dont Ignore Tough or Long-Term Stomach Pain
4. Shaking may cause brain damage and serious long-term effects to infants
5. Sexual function affected by stem cell transplant according to long-term study
6. Smoking can harm the long-term effects of some oral surgery procedures
7. Childhood Obesity Epidemic a Long-Term Challenge
8. Conseco to Host Follow-Up Long-Term Care Conference Call
9. New Report Finds Information Technology Essential But Not Sufficient in Long-Term Care
10. No Link Between Amateur Boxing, Long-Term Brain Damage
11. No strong evidence linking amateur boxing with long-term brain injury
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just announced ... offering customers 10% off of their purchase of lice treatment product. In addition, customers ... According to a company spokesperson. “Finding lice is a sure way to ruin the ...
(Date:11/27/2015)... ... November 27, 2015 , ... MPWH, the No.1 Herpes-only dating community in the world, revealed that ... ). More than 3.7 billion people under the age of 50 – or 67% ... WHO's first global estimates of HSV-1 infection . , "The data shocks us highly!" ...
(Date:11/27/2015)... ... November 27, 2015 , ... A simply groundbreaking television series, ... interesting show that delves into an array of issues that are presently affecting Americans. ... from open dialogue, this show is changing the subjects consumers focus on, one episode ...
(Date:11/27/2015)... Angeles, CA (PRWEB) , ... November 27, 2015 , ... ... Commission on Accreditation of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic ... list of CAAHEP accredited colleges, as only one of twelve colleges and universities in ...
(Date:11/27/2015)... ... 27, 2015 , ... Avid collector, Andrew Hawley from Vintage Rock Posters, announces ... This is one of Joplin's most famous and beautiful concert posters. The concert was ... in Ann Arbor. The According to Hawley, "It is hard to believe that Joplin's ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... November 27, 2015 ... --> Medical alert ... system (PERS) market is expected ... years with APAC being the ... see a high CAGR between ...
(Date:11/26/2015)... UTRECHT, the Netherlands , November 26, 2015 /PRNewswire/ ...   A new combination approach blends immunotherapy ... --> A new combination approach blends immunotherapy with ... A new combination approach blends immunotherapy with ... the Netherlands has found that immunotherapy ...
(Date:11/26/2015)... Research and Markets ( ) has announced ... Outlook to 2019 - Rise in Cardiac Disorders and Growing ... to their offering. Boston ... scientific and others. --> The market ... Boston scientific and others. ...
Breaking Medicine Technology: