Conseco Health Insurance
Conseco Health Insurance Company provides life and health insurance services. The company was formerly known as Capitol American Life Insurance Company and changed its name to Conseco Health Insurance Company in June, 1998. Conseco Health Insurance Company was incorporated in 1970. Conseco Health Insurance Company operates as a subsidiary of Conseco Inc.
Headquartered in Carmel, Ind., Conseco is one of middle-America's leading sources for insurance, investment and lending products. Through its subsidiaries and a nationwide network of distributors, Conseco helps 13 million customers step up to a better, more secure future.
About Conseco Health Insurance
Conseco's mission is to be a leading provider of financial security for life, health and retirement needs of middle market Americans. Headquartered in suburban Indianapolis, Indiana, our companies provide supplemental health insurance, life insurance and annuities. Through our subsidiaries and a nationwide network of distributors, Conseco helps more than 4 million customers step up to a better, more secure future. Conseco is a Fortune 1000 company, with more than $4 billion in annual revenues.Conseco's insurance companies distribute their products in three ways:
Product Types Offered
Individual Supplemental Insurance
Health insurance can help take care of unexpected medical expenses and the potential loss of income associated with many illnesses. Cover yourself against the costs associated with cancer, heart attacks, strokes and accidental injuries. You can also fill the gap between what Medicare covers and what you need.
Supplemental insurance benefits, like cancer insurance, heart/stroke insurance and accidental injury insurance, are paid directly to you, unless otherwise required. In contrast, hospital and major medical insurance benefits are typically paid directly to the provider. As a policyholder, you can use those benefits to help with your out-of-pocket expenses or loss of income.
Conseco Health Insurance offers the following supplemental insurance plans:
Supplemental cancer insurance is designed to help pay for the nonmedical costs of cancer. When you consider the fact that in the United States men have a lifetime risk of nearly 1-in-2 and women have more than a 1-in-3 risk of developing cancer, additional coverage can be beneficial.There are two plans currently:
Accidental Injury Insurance
Help protect yourself with Accident SecureSM from Conseco Health Insurance Company.
Medicare is the nation’s largest health insurance program, covering 40 million Americans. It was designed to provide high-quality health care to people 65 and over, as well as to others with disabilities.
Medicare pays a portion of your doctor and hospital bills, but it's not designed to cover all of them. That's where Medicare supplement insurance from Conseco Insurance Company becomes important. Our insurance coverage helps give you the financial resources to cover expenses Medicare won't.
Protect yourself with Conseco Solutions, Medicare Supplement insurance from Conseco Insurance Company.
Provider NetworkConseco Health Insurance has an online Provider Network service. Conseco Medicare Supplement Policies issued after January 1, 1999 can access:
Here are some of the most recent news regarding Conseco Health Insurance:
Conseco Announces Reinsurance Transaction to Build Capital
CARMEL, Ind., June 25 /PRNewswire-FirstCall/ -- Conseco, Inc. (NYSE: CNO) today announced an agreement under which two insurance companies in its Conseco Insurance Group unit will coinsure, with an effective date of January 1, 2009, about 104,000 non-core life insurance policies with Wilton Reassurance Company ("Wilton Re"), a Minnesota reinsurance company.
"Completing this step is expected to increase Conseco's consolidated risk-based capital ratio by 8 percentage points, along with increasing statutory capital," said Conseco CEO Jim Prieur. "In addition, this transaction will further simplify our administrative operations as we focus on our core insurance businesses." (Continue Reading)
Conseco Health Insurance’s rating, as rated by A.M. Best Company. A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors.
Financial Strength Rating