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CHICAGO and LOUISVILLE, Ky., May 16, 2011 /PRNewswire/ -- Bankers Life and Casualty Company and Humana (NYSE: HUM) today announced a strategic alliance under which Bankers will offer Humana's individual dental and vision insurance plans to its policyholders and consumers nationwide through Bankers' career agents.
"We are pleased to be expanding our partnership with Humana to make their stand-alone dental and vision plans available to our nearly 1.4 million policyholders and prospective customers," said Scott Perry, president of Bankers, the national life and health insurer focusing on the retirement market. "Our customers – the middle-income retirement market – are underserved in this type of coverage. Humana's competitive products will be an excellent option available with Bankers' product portfolio, and we look forward to continuing our relationship."
Bankers will offer Humana's individual dental and vision coverage through its career sales force consisting of more than 5,200 agents in approximately 250 sales offices across the United States. Bankers' agents already offer Humana Medicare Advantage health plans, in an alliance with Humana that began two years ago.
"Given Humana's decades of experience working with senior citizens through our Medicare business, we know how important dental and vision coverage are to many of our current members," said Jerry Ganoni, president of Humana's small business and specialty lines, including HumanaDental and the company's vision products. "We're excited about the potential to reach a larger customer base through Bankers' large national team of experienced agents."
About Bankers Life and Casualty Company
Established in 1879 in Chicago, Bankers Life and Casualty Company focuses on the insurance needs of the retirement market. The nationwide company, a subsidiary of CNO Financial Group, Inc., (NYSE: CNO) offers a broad portfolio of life and health insurance retirement products designed especially for seniors. Visit us online at www.bankers.com.
Humana Inc., headquartered in Louisville, Kentucky, is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.
More information regarding Humana is available to investors via the Investor Relations page of the company's web site at www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases
- Replays of most recent earnings release conference calls
- Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
- Corporate Governance information
SOURCE Bankers Life and Casualty Company