Lifetime Healthcare Companies Inc. has decided to keep Bill Naylon at the helm of its MedAmerica Companies long-term care insurance (LTCI) unit.
Naylon — who was been with Lifetime since 1988 — took over as acting president of MedAmerica in December, after the previous president, Bill Jones retired. Lifetime is the parent of Excellus BlueCross BlueShield, a large health insurer in upstate New York state.
MedAmerica Insurance Company and its affiliates – MedAmerica Insurance Company of New York and MedAmerica Insurance Company of Florida — have become major sellers of LTCI coverage. They ranked fifth on LIMRA’s latest list of the top U.S. LTCI issuers.