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The MEGA Life and Health Insurance Company · North Richland Hills, TX United States

Company Description

9151 Boulevard 26
North Richland Hills, TX
76182
United States (Map)
Phone: 817-255-3100
Fax: 817-255-5394
Toll Free: 800-527-5504
    The MEGA Life and Health Insurance Company hopes to make big waves in the insurance business. The company primarily offers health insurance plans, including traditional, PPO, and high-deductible policies, and related products to small businesses, individuals (including the self-employed), and families. In addition, the firm offers ancillary dental, vision, accident, and disability coverage. A subsidiary of health insurance and reinsurance holding company HealthMarkets, MEGA is licensed to issue policies in nearly all US states. Its dedicated sales agency markets the company's products through a network of independent and affiliated agents. To read the full description, subscribe now.
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    Key The MEGA Life and Health Insurance Company Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees830

    The MEGA Life and Health Insurance Company Executives

    14 executives listed for The MEGA Life and Health Insurance Company's North Richland Hills, TX location.
    TitleName & BioContact
    Chiarman, President, and CEOPhillip HildebrandNetwork
    SVP OperationsJohn HunterNetwork
    EVP, CFO, and DirectorSteven ErwinNetwork

    Competition

    Competitive Landscape for The MEGA Life and Health Insurance Company
    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 The MEGA Life and Health Insurance Company Competitors
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