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    Universal American Corp (UAM)

    5.99 Down 0.05(0.83%) Feb 11, 4:02PM EST
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    Universal American Corp
    44 South Broadway
    Suite 1200
    White Plains, NY 10601
    United States - Map
    Phone: 914-934-5200
    Fax: 914-934-0700
    Website: http://www.universalamerican.com

    Index Membership:N/A
    Industry:Health Care Plans
    Full Time Employees:1,500

    Business Summary 

    Universal American Corp. 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, Medicaid, Traditional Insurance, and Corporate & Other segments. The company operates HMO plans under contracts with centers for Medicare and Medicaid services; Medicare advantage management service organizations that manage business and affiliated independent physician associations; PPO plans under the name Today's Options PPOs; and network-based private fee-for-service plans under the brand name of Today's Options, 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 organizationsÂ’ (ACOs) with technology, analytics, clinical care coordination, regulatory compliance, and program administration resources and facilities. In addition, the company operates ACOs under the Medicare Shared Savings Program through its physicians and other healthcare professionals. As of January 1, 2015, Universal American Corp. had 24 ACOs. Further, the company serves approximately 40,000 members through Total Care Medicaid health plan. Additionally, its traditional insurance includes Medicare supplement and other senior health insurance products; specialty health insurance products, primarily fixed benefit accident and sickness insurance; term care, disability, medical, universal life, and fixed annuities; and senior life insurance products. It distributes products and services through a network of channels comprising 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.

    Key Statistics

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    Corporate Governance 
    Universal American Corp’s ISS Governance QuickScore as of Feb 1, 2016 is 5. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 2; Compensation: 8.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Richard A. Barasch , 62
    Chairman and Chief Exec. Officer
    Mr. Steven H. Black , 53
    Chief Admin. Officer
    Mr. Anthony L. Wolk Esq., 49
    Exec. VP, Gen. Counsel and Sec.
    Ms. Erin G. Page , 39
    Pres of Medicare
    Mr. Adam C. Thackery ,
    Chief Financial Officer
    Amounts are as of Dec 31, 2014 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.
    Currency in USD.
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