Industry Leaders Unite to Revolutionize Managed Health Care

Strategic Insights -

Zenith Insurance Co., U.S. Healthcare, and UNUM Life Insurance Company of America are joining forces to launch a fully integrated managed health care, workers' compensation, and disability products company. This strategic alliance aims to provide innovative products that maximize benefits to employers and employees while minimizing costs. The new company will initially serve the New Jersey, Pennsylvania, and metropolitan New York areas, with plans for expansion in the northeast and mid-Atlantic regions.

Key Takeaways:

  • Three industry leaders, Zenith Insurance Co., U.S. Healthcare, and UNUM Life Insurance Company of America, are collaborating to create a new company offering integrated managed health care, workers' compensation, and disability products.
  • The new company will operate in New Jersey, Pennsylvania, and the metropolitan New York areas, with planned expansion in the northeast and mid-Atlantic regions.
  • The company aims to provide value-added products for U.S. Healthcare customers and other employers in the region, with a focus on minimizing costs.
  • The alliance between Zenith and UNUM to provide an integrated 24-hour disability management program called SinglePoint is currently available in San Diego with plans for expansion throughout California.
  • U.S. Healthcare serves 2 million HMO members in 11 states and the District of Columbia, providing comprehensive managed-care and other services to self-insured and other employers.
  • UNUM Life Insurance Company of America is the North American leading provider of disability insurance and a provider of employee benefits, long-term care, and retirement products.

Statistics:

  • The new company will initially serve the New Jersey, Pennsylvania, and metropolitan New York areas.
  • The company will expand to the northeast and mid-Atlantic regions.
  • U.S. Healthcare serves 2 million HMO members in 11 states and the District of Columbia.
  • UNUM Life Insurance Company of America is the North American leading provider of disability insurance.

Sources:

  • Business Wire. (1995). Three Industry Leaders Unite to Revolutionize Managed Health Care. Retrieved from http://www.businesswire.com/news/home/19950830006082/en/Three-Industry-Leaders-Unite-Revolutionize-Managed-Health-Care
  • Dwight R. Robertson, M.D. (Contact), Zenith Insurance Co., Woodland Hills.