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SENIOR MARKET BROKERAGE
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Expanding Our View of the Senior Market
The senior market continues to be an area of
tremendous opportunity in the insurance and
healthcare industries.
The senior population is growing not only
because baby boomers are coming of age, but
because seniors are living longer. In addition,
benefits from government programs and employer
plans have continued to dwindle. The
end-result: an unprecedented need for supplemental
insurance and healthcare products and
services by both families and employers.
A quick look at the numbers verifies this
phenomenon:
- The senior market is predicted to increase
from 34 million to over 70 million in the next
30 years.
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(U.S. Bureau of Census Data, March 1996.)
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- The number of people aged 85 and older is
estimated to increase from 3.8 million in 1996
to 8.5 million in 2030, and to nearly 19 million
by 2050.
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(Profile of Older Americans: 1997, AARP/
U.S. Administration on Aging Survey.) |
Universal American has prepared itself to meet
the senior market's ever-expanding needs,
introducing a variety of products and services
from all our companies. Our product line
currently includes:
- Medicare Supplement
- Medicare Select
- Long Term Care Insurance
- Home Healthcare Insurance
- Life Insurance
- Annuities
Our Senior Market Brokerage distribution has
continued to expand. We have received regulatory
approval to sell our products and services in
many new states across the country, thus opening
up new areas of opportunity and growth.
In addition, we have been improving our
senior market products across the board.
Enhancements in coverage, customer service
and claim issue times have made Universal
American's offerings more comprehensive
and competitive than ever. Today, our premier
senior product line stacks up against the best in
the industry.
  
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