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HealthMarkets was founded in 1983 by Ronald Jensen under United Insurance Companies, Inc. (UICI) [1] Through its focus on the then-untapped market of self-employed workers, the company was able to grow earnings by more than double between 1984 and 1985.
The number of people affected by a UnitedHealth data breach in February 2024 was actually higher than previously reported and was the largest medical data breach in U.S. history.
UnitedHealthcare (UHC) is an insurance and managed care company with four main divisions: UnitedHealthcare Employer and Individual – provides health benefit plans and services for large national employers and individuals. UnitedHealthcare Medicare and Retirement – provides health and well-being services to individuals age 65 and older. [80]
Agencies and Brokers. A free enrollment pathway with integrated quoting, enrollment and servicing. More than 36,000 agents and 4,800 agencies have adopted HealthSherpa’s free agency and broker platform. [12] As of October 2021, over 6 million people have been enrolled in individual health coverage through HealthSherpa. [13]
It also launched its Mobile Application in 2012. In 2013, the company entered the Member Acquisition [8] business acting as a full service contact and sales center for national and regional health plans. In 2013, the company also became an authorized Web Broker Entity through an agreement with The Centers for Medicare and Medicaid Services (CMS).
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The company saw early success through partnerships with a number of large companies. By March 2014, HealthSherpa had become a full-service broker allowing users to enroll directly on the HealthSherpa site. [51]
Since Optum's founding in 2011, the company has acquired various healthcare technology services to build out its pharmacy benefit manager and care services offerings. April 2011: UnitedHealth Group announces Optum master brand, bringing together pharmacy services, data & analytics tools, and care delivery services under one roof.