QuickHealthInsurance.com | Expansion of strategic relationship between Coventry Health Care and Bankers Life and Casualty Company

Expansion of strategic relationship between Coventry Health Care and Bankers Life and Casualty Company

Home - Consumer Resources - Latest Policy News, Articles & Researches - Expansion of strategic relationship between Coventry Health Care and Bankers Life and Casualty Company

Find Local Doctors & Health Plans : Enter ZIP Code...
Your ZIP Code
Types of Health Plan
Your E-mail ID
	[Optional and Compliant to Federal Laws]

Expansion of strategic relationship between Coventry Health Care and Bankers Life and Casualty Company

Expansion of strategic relationship between Coventry Health Care and Bankers Life and Casualty Company has permitted Bankers Life to provide its policyholders as well as the consumers, with Advantra Freedom Plans from Coventry.

Advantra Freedom Plans are especially created to equip the senior citizens with more options and improved coverage. These Medicare Advantage Private-Fee-For-Service plans offer the same advantages as offered by the Medicare and Medicare Advantage plans, but at much lower rates. Moreover, these planes are committed to offer some additional benefits that the consumers do not get from the original Medicare plans proffered via HMOs.

Coventry and Bankers Life together entered into an alliance during commencement of Coventry Medicare Part D, in 2005. The Executive Vice President and Chief Operating Officer of Bankers life acknowledged that their company is so happy to have their strategic alliance with Coventry, expanded. He also reported that the portfolio of Banker Life is already consisted of individual Medicare prescription drug plans along with long-term care insurance plans and above all Medicare supplement plans. However, introduction of Advantra Freedom to this portfolio would assist Banker's customers to tackle their concerns regarding health with more efficiency and ease.

On the other hand, Coventry is also happy in improving its relation with Bankers Life, as reported by Coventry's Executive Vice President and Chief Operating Officer. The alliance has already proved its worth via marketing of previously launched Medicare Part D plans. And the official is very hopeful about the marketing channel represented by the efficient sales department of Bankers Life; it has been really doing a splendid job of proffering Advantra Freedom to thousands of Medicare Beneficiaries from different geographical areas.

Advantra Freedom-Fee-For-Service plans provide its policyholders with freedom of choosing any provider according to their desire. There is no restriction with Advantra Freedom. They can choose any registered hospital or physician that is agreeable to offer treatment following the plan's rules and conditions of payment. With Advantra Freedom; the consumers have to pay no extra premium other than regular Medicare Part B premium. In addition, there are only restricted or almost no co-payments for most of the tests and doctor visits as well as hospitalization. Additional preventive care expenses like payments for hearing aids or spectacles are also incorporated in this plan. Along with all of these above-mentioned criteria, there is something more to grab. It doesn't insist on any medical checkup to get enrolled to this plan. The same rule is applicable for the people having pre-existing health conditions, too.

Qualified persons may also register for recently launched Private-Fee-For-Service plans if accessible in their respective regions. These plans are currently offered in 43 states including 1/3 of counties inside those states.

Bankers Life and Casualty Company specializes in financial security requirements of the developed market. Founded in 1879, this Chicago-based countrywide company is a wholly-owned subsidiary of Conseco, Inc. The merchant offers a wide spectrum of retirement savings plans as well as health and life insurance products, particularly created for the senior citizens. More information about the company and its products & services are available on its official website.