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CHICAGO (January 17, 2006) -
After an eight-year absence, Bankers Life and Casualty Company announced that it has
re-entered the Massachusetts Medicare Supplement market to offer its plans statewide
to seniors.
"We are very happy that we've returned to Massachusetts with a Medicare Supplement
offering," said Scott Perry, Chief Operating Officer for Bankers. "With the
introduction of Medicare's new Part D, these are confusing times for seniors.
As senior specialists, our agents are dedicated to helping them sort through their
options and determine a solution that best meets their needs. We look forward to
the opportunities that exist in Massachusetts to expand our product portfolio and
provide residents with additional options for health coverage."
Medicare Supplement plans (Med Supp 1 and Core) will be offered to the state's
Medicare beneficiaries by Bankers' Massachusetts field force of nearly 100 career
agents in three offices, located in Framingham, Holyoke and Mashpee. The company
will kick-off their Medicare Supplement rollout with various marketing activities
aimed at providing detailed information and guidance to seniors on selecting an
appropriate plan.
Many Bankers agents have received the Certified Senior Advisor (CSA) designation,
a wide-ranging training program aimed at educating professionals who work with
seniors on the issues and needs specific to their age group. As a senior-focused
company, Bankers has the largest number of agents with the CSA designation in the
country.
"Seniors prefer to use professionals who have added beneficial, senior-specific
knowledge to their own professional expertise," said Ed Pittock, President of the
Society of Certified Senior Advisors.
Bankers has approximately 5,700 current Medicare Supplement policyholders in
Massachusetts, and also sells their long-term care, life and annuities products
in the state.
Established in 1879 in Chicago, Bankers Life and Casualty Company focuses on the
financial security needs of seniors. The nationwide company, a subsidiary of Conseco,
Inc., offers a broad portfolio of health and life insurance and retirement savings
products designed especially for seniors. Visit us online
at www.bankers.com.
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