Universal American halts some marketing efforts

Universal American announced today it will no longer market the following products as of June 1, 2012:

• Medicare Supplement and Medicare Select
• Hospital Indemnity
• Cancer
• Senior Dental
• Senior Tribute (Whole Life)

This change impacts the products listed above being marketed by the following Universal American companies:

• American Pioneer
• American Progressive
• Constitution Life
• Marquette National

Reportedly, Universal American is focusing on continued growth in the Medicare Advantage market. Universal American used to be one of the largest companies in the Medicare Supplement market but its Medicare Supplement market share has decreased more than 50% since changing its focus over the past seven years to the Medicare Part D and Medicare Advantage markets.