Independence Holding Company Announces Launch of Medicare Supplement Underwritten by Independence American Insurance Company
Independence Holding Company (IHC)
US:NYSE Investor Relations:
ir.ihcgroup.com/investor-relations
Company Research
Source: GlobeNewswire
STAMFORD, Conn., April 29, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced today that it has entered the Medicare Supplement Insurance Market (Medigap), with an initial launch by Independence American Insurance Company (IAIC) in Iowa, Mississippi, Oklahoma and Utah. By July, we expect to have 15 states, including Texas, and by the 2021 Annual Enrollment Period (AEP) that begins on October 15, 2020, IAIC intends to have Medigap plans in approximately 30 states. IAIC Medicare Supplement has a variety of plans for consumers that will provide coverage that best meets their needs. IAIC’s first core Medicare Supplement offering will include plans A and F, as well as plans G and N. The plans have competitive rates, point-of-sale underwriting, easy-to-use e-application with voice signature and e-signature capabilities. “This is an important milestone in the execution of a broad senior-market initiative for IHC,” said Roy Thung, IHC’s CEO. “The population in
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