Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

UICI Outsources LTC And Medigap Administration

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 23, 4:23 p.m. – UICI, Dallas, has hired CHCS Services Inc. to administer long-term care insurance and Medicare supplement insurance products sold by two subsidiaries, The MEGA Life and Health Insurance Company and Mid-West National Life Insurance Company of Tennessee.

CHCS, a unit of Universal American Financial Corp., Rye Brook, N.Y., will handle underwriting, billing, customer service and claims administration, UICI says.

Although UICI is turning policy administration over to CHCS, it will continue to develop and sell new LTC insurance and Medicare supplement products itself, UICI says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.