HealthMarkets, Inc. · North Richland Hills, TX United States
Company Description
Phone: 817-255-5200
Fax: 817-255-5390
View HealthMarkets, Inc. Locations On A US Map
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This link will open in a new window HealthMarkets lets the self-employed shop for better insurance. The company offers health insurance through its MEGA Life and Health Insurance , Chesapeake Life Insurance Company, and Mid-West National Life Insurance Company of Tennessee to mostly self-employed individuals in about 45 states. It provides dental, vision, accident, and worker's compensation insurance; health care options include health spending accounts (HSAs) and high deductible health plans (HDHPs). Other services include third-party administrative and distribution services for health care providers and reinsurance through the company's Zon Re subsidiary. A consortium led by the Blackstone Group owns HealthMarkets. To read the full description, subscribe now.
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Key HealthMarkets, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,416.9 |
| 2008 Employees | 1,450 |
HealthMarkets, Inc. Executives
28 executives listed for HealthMarkets, Inc.'s North Richland Hills, TX location.
| Title | Name & Bio | Contact |
| Chairman | Chinh Chu | Network |
| President, CEO, and Director | Phillip Hildebrand | Network |
| SVP Operations; SVP, Mid-West National Life Insurance Company of Tennessee | John Hunter | Network |
Competition
Competitive Landscape for HealthMarkets, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top HealthMarkets, Inc. Competitors
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