Midwest Security Insurance Companies · Onalaska, WI United States
Company Description
Phone: 608-783-7130
Fax: 608-783-8585
Toll Free: 800-542-6642
View Midwest Security Insurance Companies Locations On A US Map
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This link will open in a new window Midwest Security Insurance Companies offers group health and dental insurance. Its primary customers are small businesses seeking preferred provider plans, or self-funded health insurance plans. It's name is still quite accurate: the company operates regional offices in Illinois, Michigan, and Wisconsin, and it serves employers in those states as well as Indiana, Iowa, and Ohio. Health care insurance giant UnitedHealth Group purchased the company in 2002. Following the acquisition, UnitedHealth merged Midwest Security's third-party administration business, along with several others, into UMR . To read the full description, subscribe now.
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Key Midwest Security Insurance Companies Financials
| Company Type | Subsidiary |
| Fiscal Year-End | December |
| 2002 Employees | 350 |
Midwest Security Insurance Companies Executives
3 executives listed for Midwest Security Insurance Companies's Onalaska, WI location.
| Title | Name & Bio | Contact |
| CEO | Ronald Houser | |
| COO | Frank Vierling | |
| Director, Finance | Steve Welles |
Competition
Competitive Landscape for Midwest Security Insurance Companies
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Midwest Security Insurance Companies Competitors
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