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Universal American history
Universal American company history timeline
In 1991, Richard Barasch was elected to Chairman of the Board and Chief Executive Officer.
In 1998 Universal American Financial Corporation (Universal American) agreed to a Share Purchase Agreement with Capital Z Financial Services, a NYC based Private Equity Firm.
In 2007, Universal American acquired MemberHealth, LLC a privately held pharmacy benefit manager and sponsor of Community Care Rx, a national Medicare Part D plan with more than 1.1 million members.
In 2010, the Affordable Care Act brought health insurance to nearly 20 million previously uninsured adults.
In 2011, CVS Caremark acquired Universal American's Medicare Part D business for $1.25 billion.
In 2016, WellCare acquired Universal American in a deal worth an estimated $800 million.
In conjunction with the acquisition, Universal American Financial Corporation changed its name to Universal American Corporation (UAM) in December 2017 and listed on the New York Stock Exchange.
The report, produced by a G.O.P.-led committee in the State Senate, exposes false claims made about the 2020 election by Trump allies in Michigan and other states.
24, 2021 A strong showing by Eric Adams in the New York mayoral race and President Biden’s announcement of a new crime-fighting agenda signal a shift by Democrats toward themes of public safety.
24, 2021 The president made clear that he intends to approach crime prevention by investing in, rather than defunding, the police as he waded into an urgent national debate over policing.
24, 2021 The chief, Rodney S. Scott, had become known for his support of President Donald J. Trump’s signature border wall, and had resisted a Biden initiative to stop using the phrase “illegal alien.”
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Universal American competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Humana | 1961 | $77.2B | 48,700 | 9,529 |
| WellCare Health Plans | 1985 | $20.4B | 14,000 | - |
| Primerica | 1977 | $602.0M | 2,104 | 77 |
| UnitedHealth Group | 1977 | $400.3B | 300,000 | 5,460 |
| Aetna | 1853 | $60.6B | 47,950 | 9 |
| Centene | 1984 | $163.1B | 65,000 | 491 |
| Elevance Health | 1944 | $121.9B | 63,900 | 3 |
| BlueCross BlueShield of Tennessee | 1945 | $6.0B | 5,373 | 38 |
| The Cincinnati Insurance Companies | 1950 | $7.5B | 4,925 | 66 |
| Prudential Retirement Insurance And Annuity Co | - | $57 | 41,671 | - |
Universal American history FAQs
Zippia gives an in-depth look into the details of Universal American, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Universal American. The employee data is based on information from people who have self-reported their past or current employments at Universal American. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Universal American. The data presented on this page does not represent the view of Universal American and its employees or that of Zippia.
Universal American may also be known as or be related to UNIVERSAL AMERICAN, UNIVERSAL AMERICAN CORP., Universal American, Universal American Corp, Universal American Corp. and Universal American Corporation.