NU Online News Service, Oct. 15, 1:55 p.m. – HealthPlan Services Inc., Tampa, a third-party benefits administrator, says it wants to build a major long-term care insurance distribution operation.
HealthPlan, best known for administering benefits for self-insured employee health plans, has agreed to distribute LTC insurance for five carriers.
The carriers are GE Financial Assurance, Richmond, Va.; John Hancock Financial Services Inc, Boston; Lincoln Benefit Life Company, Lincoln, Neb.; MedAmerica Insurance Company, Rochester, N.Y.; and UnumProvident Corp., Portland, Maine.