Universal American Corp
6 International Drive
Suite 190
Rye Brook,
NY 10573
United States - Map
Phone: 914-934-5200
Fax: 914-934-0700
Web Site: http://www.uafc.com
| Universal American Corp., together with its subsidiaries, provides health insurance and managed care products and services primarily to the senior population in the United States. It operates in four segments: Senior Managed CareMedicare Advantage, Medicare Part D, Traditional Insurance, and Senior Administrative Services. The Senior Managed CareMedicare Advantage segment offers private fee-for-service plans; coordinated care plans; and preferred provider organization plans, which provide healthcare benefits and Medicare covered benefits, as well as additional supplemental benefits, including a defined prescription drug benefit. The Medicare Part D segment offers prescription drug coverage as a benefit to Medicare-eligible beneficiaries, known as Part D benefits under contracts with the Center for Medicare & Medicaid Services. The Traditional Insurance segment offers Medicare supplement business; specialty health insurance products, primarily fixed benefit accident and sickness disability insurance to the middle income self-employed market; and life insurance products. The Senior Administrative Services segment provides outsourcing services to affiliated insurance companies, as well as unaffiliated companies that support insurance and non-insurance products, primarily for the senior market. Universal American Corp. distributes its products through an independent general agency system and a career agency system. It has a strategic alliance with Nifty after Fifty, LLC. to establish various fitness and wellness centers in the Houston and Dallas markets. The company was formerly known as Universal American Financial Corp. and changed its name to Universal American Corp. in November 2007. Universal American Corp. was founded in 1981 and is headquartered in Rye Brook, New York. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Richard A. Barasch , 55
Chairman, Chief Exec. Officer, Pres and Member of Investment Committee |
$
2.05M |
$
2.79M | Mr. Robert A. Waegelein C.P.A., 48
Chief Financial Officer, Principal Accounting Officer and Exec. VP |
$
757.00K |
$
1.49M | Mr. Gary W. Bryant , 59
Chief Operating Officer and Exec. VP |
$
841.00K |
$
2.57M | Mr. Theodore M. Carpenter Jr., 61
Chief Exec. Officer of Medicare Advantage Division and Pres of Medicare Advantage Division |
N/A
| N/A | Mr. John Wardle , 54
Sr. VP and Pres of Medicare Part D Division |
$
470.00K | N/A |
|
|
|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
| |
|
1.23% Nasdaq 
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