Our principal market is:
Major medical / individual health insurance products.
- Our distribution channels primarily target small business owners, self-employed individuals and families in this market. According to the U.S. Census Bureau, in 2004, there were over over 3.75 million firms with fewer than 10 employees (with a total of more than 12.5 million employees). There were also 10.5 million self-employed people in the U.S. in 2005. [Source: U.S. Census Bureau, Statistics of U.S. Businesses.]
- We focus on product development to meet consumer needs, utilizing multiple insurance carriers and enhancing opportunities and services for our independent agents and their agencies.
We also distribute senior health insurance, managed care, and life insurance products.
The age 65 and over segment of the U.S. population is expected to grow from 35 million in 2000 to over 40 million by 2010, comprising 13% of the total population by 2010. [Source: U.S. Census Bureau, 2004.] While the federal Medicare program covers a portion of health care expenses for senior Americans, the gaps in coverage provide a significant market for supplemental plans.
The products we distribute in this market include traditional Medicare supplement plans and Medicare Advantage plans that save consumers money by designating the use of certain medical providers.
