Key information

🔎 Fund Overview

Universal American Corp., together with its subsidiaries, provides health insurance and managed care products and services to Medicare and Medicaid customers in the United States. It operates through Medicare Advantage, Management Services Organization, and Medicaid segments. The company operates HMO plans under contracts with centers for Medicare and Medicaid services under the Today's Options HMO brand; Medicare advantage management service organizations that manage business and affiliated independent physician associations; PPO plans under the Today's Options PPOs brand; and network PFFS plans under the Today's Options brand, as well as offers defined prescription drug benefit. It also supports physician partnerships for the development of value-based healthcare models, such as accountable care organizationsí (ACOs) with technology, analytics, clinical care coordination, regulatory compliance, and program administration resources. In addition, the company operates ACOs under the Medicare Shared Savings Program through its physicians and other healthcare professionals. It operates approximately 21 MSSP ACOs and 1 Next Generation ACO; and serves approximately 39,000 members through Total Care Medicaid health plan. The company distributes products and services through a network of channels, including its career agency and independent agents, as well as through telephonic and Internet enrollment. Universal American Corp. was founded in 1981 and is headquartered in White Plains, New York.