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.
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 uses a unique rate-setting approach. New and long-time customers are charged according to the same rate schedule. Other health insurance companies charge lower rates for new customers and higher rates for customers who have been insured for a year or more. This makes UniCare a wise choice for long-term health insurance needs. UniCare has the most stable rates in the industry. Medquote is one of UniCare's leading Illinois, Michigan, and Texas agencies and we participate in UniCare's Premier Agent Program. This means our clients get faster UniCare service, including speedier processing of applications.
