UniCare of Texas Health Insurance
UniCare is a national organization dedicated to the delivery of quality health
care plans and products working together with its customers, consultants,
brokers, providers and employers. Providing managed care and specialty health
care services throughout the United States, UniCare Life & Health
Insurance Company is an operating affiliate of WellPoint
Health Networks Inc. (NYSE:WLP www.wellpoint.com), one of the nation's largest
publicly traded managed care companies serving the health care needs of more
than 13 million members and approximately 42.6 million specialty members.
UniCare offers a comprehensive array of health care plans and specialty
products that preserve member choice at competitive prices.
UniCare recognizes that what works for one doesn't necessarily work for
another. That's why our full portfolio of health, pharmacy, dental, life and
disability benefits products can be tailored to meet your specific needs.
Our focus is on putting our clients and their associates back in control of
their health care and financial future. Through exceptional sales and account
management staff who listen to our clients and their associates, we can create
benefits that evolve over time to meet changing needs and add the most value.
 | History |
| Structure and Management |
| Products and Services |
| Principal Medical Products |
| Specialty Products |
| Ratings Agencies |
In 1995, UniCare became the brand name for most of the WellPoint businesses
operated outside of California. WellPoint acquired the group health and life
business of Massachusetts Mutual Life Insurance Company ®' in 1996, and in
1997 acquired the group health and related life business of John Hancock
Mutual Life Insurance Company ®''. In early 2000, WellPoint acquired Rush
Prudential Health Plans in Illinois. This acquisition brings together Rush
Prudential and WellPoint's existing UniCare business, and enables UniCare to
offer a broad array of products and services in Illinois ranging from
traditional PPO products to HMO products.
UniCare has assembled a senior management team comprising successful and
creative individuals from commercial health insurance, specialty products
firms, financial services organizations and other Fortune 500 companies.
UniCare is structured around WellPoint's unique Market Business Unit (MBU)
concept. Each MBU is organized to serve specific customers and consists of a
full-service organization with sales and service functions dedicated
exclusively to meeting the needs of customers in a particular segment.
The large employer group businesses, acquired in the MassMutual and John
Hancock acquisitions, have a national focus as a result of the multi-state
needs of employers in those customer segments. Other business units, such as
those focusing on the individual, senior, and small employer group have a
regional focus as a result of the localized nature of customers in these
segments. Each UniCare business unit is responsible for marketing, enrolling,
underwriting and servicing its specific customers and members.
Consumers want choice of products and providers, and they want more control
over their health care decisions. Employers also want the maximum amount of
cost control but are more sensitive to employee needs in today's high
employment economy. UniCare creates products that combine the attributes
consumers find attractive with our cost control techniques. Extensive health
care provider networks enable UniCare to offer a comprehensive array of
products and services that reflect the company's philosophy of working
together with members and providers, affordability for members and their
families and choice of health care providers. Employer groups and individual
members can select from basic as well as comprehensive plans to meet their
specific needs.
UNICARE's strategy is to offer a diversified mix of traditional managed care
products while focusing on the development of new hybrid plans which take
advantage of the best characteristics of traditional managed care and
traditional open access models. The company will offer a continuum of managed
health care plans which provide incentives to select more tightly managed
plans. UniCare believes that it is better able to predict and control health
care costs and provide greater patient choice. Members more needy of care are
incented to select more intensively managed health care plans and members less
needy of care are allowed to select plans with greater personal freedoms. Such
plans are typically offered to provide greater control of care and access in
exchange for additional cost-maintenance measures.
UniCare also provides a broad array of specialty managed care products,
including pharmacy, dental, life, disability, behavioral health, COBRA and
flexible benefits account administration. In addition, UniCare offers managed
care services for self-funded employers, including underwriting, actuarial
services, network access, medical management services and claims processing.
UNICARE's unique assortment of products and services has been developed to
meet the needs of a broad range of individuals, employer groups and their
employees.
Most of the insurance companies and health maintenance organizations under the
UniCare brand are covered by various Rating Agencies. For your convenience, we
have listed and provided links to several Rating Agencies that assign
financial strength ratings. The agencies listed provide their ratings free of
charge to the public, however, some require a fee to obtain analyst reports.
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posted by Blue Cross of California at
2:30 AM
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