NU Online News Service, July 24, 12:25 p.m. – PacifiCare Life and Health Insurance Company, Santa Ana, Calif., a subsidiary of PacifiCare Health Systems Inc., Santa Ana, today announced it will begin marketing a new supplemental health insurance plan for Medicare beneficiaries.
The Secure Horizons Medicare Supplement plan is designed to fill the gaps in coverage provided under the original Medicare program, PacifiCare Life says. The plan, which received approval from the California and Arizona departments of insurance, will begin enrollment in September, with effective dates starting in October.
Product filings are pending in five other states. The company says it expects to enroll up to 1 million policyholders within five years.
Secure Horizons Medicare Supplement plan policyholders will be able to visit any doctor or hospital participating in the federal government's Medicare program, which serves seniors and the disabled, PacifiCare Life says.
In addition, the policyholders will receive discounts on prescriptions, over-the-counter medications, vision, hearing and behavioral health services, and alternative medical treatments such as chiropractic care and acupuncture services.
