MedAmerica Adds Colo. Partnership Policy

MedAmerica Insurance Company has started selling a Colorado long term care partnership policy that pays a cash benefit directly to the claimant.

MedAmerica, a unit of Lifetime Healthcare Inc., Rochester, N.Y., says the Simplicityii LTC insurance policy will pay benefits directly into a qualified claimant’s cash benefits account, regardless of what formal LTC services the claimant has used.