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Pacificare GuidePacificare Health Systems is one of the nation's largest consumer health organizations with more than 3 million health plan members and 10 million specialty plan members nationwide. PacifiCare offers individuals, employers and Medicare beneficiaries' health care and life insurance products. Currently, PacifiCare's commercial health plan members are enrolled in plans that received Excellent Accreditation by the National Committee for Quality Assurance (NCQA). PacifiCare's specialty operations include behavioral health, dental and vision, and complete pharmacy and medical management through its wholly owned subsidiary, Prescription Solutions. Pacificare History Pacificare, founded in 1868, provides life insurance products, individual annuities, mutual funds, group employee benefits, and offers to individuals, businesses, and pension plans a variety of investment products. A FORTUNE 500® companyPacificare counts 25 of the 50 largest U.S. companies as clients and is a member of IMSA (Insurance Marketplace Standards Association). Pacificare Divisions Pacificare operates through five divisions: life insurance, annuities and mutual funds, institutional products, group insurance and investment operations. Pacificare's life insurance division offers life insurance, asset accumulation products, estate planning and preservation goals to individuals and small businesses. This Pacificare division also supports the benefit funding needs of corporations. Pacificare Annuities Pacificare annuities and mutual funds division offers market-based annuity and investment products through a range of asset classes. The Pacificare institutional products division includes a investment options for stable value plans, pension plan sponsors, and other domestic investors. Pacificare annuity product offerings include retirement annuities, as well as structured settlement annuities, which are issued in conjunction with personal injury litigation awards. Pacificare Insurance Pacificare's insurance division provides benefit programs to employers and other benefit plan sponsors throughout the country. It offers medical, dental, life and other ancillary coverage to small and medium sized employers. Pacificare also provides funding arrangements for labor management and union trusts as well as stop loss contracts for self-funded plan sponsors. Pacificare also operates through subsidiaries and affiliates. These include Pacific Investment Management (PIMCO), a fixed income portfolio management firm, College Savings Bank, M. L. Stern & Co and Aviation Capital Group, which is engaged in the acquisition and leasing of commercial jet aircraft. Pacificare Select Distributors is the underwriter and distributor of Pacific Life's and Pacific Life & Annuity's registered securities and variable products. Pacific Asset Funding, a wholly owned subsidiary of Pacific Life, offers customized financial solutions to corporations and financial institutions. Its expertise is in integrated logistics, trade finance, inventory procurement and credit risk management. Insurance TipOften times the cheapest insurance can be found on the internet. It is definitely worthwhile to research before you buy when buying insurance. Many companies will offer free comparison charts so that you can see what each insurer offers and at what prices. More often than not a little research can save you hundreds of dollars. |