Company Details

  MEDCO CONTAINMENT LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

63762


Phone Number:

800-332-5455


Company Address:

100 PARSONS POND DR BLDG F3 
FRANKLIN LAKES, NJ  07417-2603

Description:

Life and Health


License Number:

A418862


Date Admitted:

1978-09-26


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Accident & Health 0.02% $25,533,438 $25,533,438 $8,088,700 $10,167,777 39.82 %
2018 Total Group Accident & Health 0.03% $25,533,438 $25,533,438 $8,088,700 $10,167,777 39.82 %
2018 Group Medicare Part D 2.31% $25,533,438 $25,533,438 $8,088,700 $10,167,777 39.82 %
2017 Total Accident & Health 0.04% $22,131,918 $22,131,918 $16,050,369 $17,737,808 80.15 %
2017 Total Group Accident & Health 0.06% $22,131,918 $22,131,918 $16,050,369 $17,737,808 80.15 %
2017 Group Medicare Part D 4.34% $22,131,918 $22,131,918 $16,050,369 $17,737,808 80.15 %
2016 Total Accident & Health 0.02% $13,508,566 $13,508,566 $5,891,517 $5,374,231 39.78 %
2016 Total Group Accident & Health 0.04% $13,508,566 $13,508,566 $5,891,517 $5,374,231 39.78 %
2016 Group Medicare Part D 2.27% $13,508,566 $13,508,566 $5,891,517 $5,374,231 39.78 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2018 Health 0.22% 0 0
2017 Health 0.17% 2 27
2016 Health 0.13% 3 48


Company Changes

Effective Date: 01/01/2016

Comments: Effective 01/01/16 Express Scripts Insurance Company NAIC Co #60025 merged with and into Medco Containment Life Insurance Company.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.