Company Details

  MEDICO INSURANCE COMPANY License Status :
Active

NAIC Number :

31119


Phone Number:

402-391-6900


Company Address:

1515 SOUTH 75TH ST 
OMAHA, NE  68124-1618

Description:

Life and Health


License Number:

A1239063


Date Admitted:

2004-08-11


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
2017 Total Accident & Health 0.01% $4,963,238 $4,992,368 $2,557,411 $2,548,024 51.04 %
2017 Total Individual Accident & Health 0.01% $2,198,422 $2,211,807 $821,269 $829,148 37.49 %
2017 Individual Medicare Supplement 0.02% $407,430 $424,023 $355,182 $380,038 89.63 %
2017 Individual Long Term Care 0.00% $5,189 $5,185 $8,851 $14,070 N/A
2017 Individual Specified Disease 0.02% $71,727 $71,747 $20,132 $23,027 32.09 %
2017 Individual Accident Only 0.00% $2,294 $1,526 $0 $0 0.00 %
2017 Individual Disability Income -0.00% $-13 $41 $1,400 $0 0.00 %
2017 Individual Dental 0.48% $719,854 $722,616 $306,922 $319,458 44.21 %
2017 Individual Limited Benefit 0.95% $991,941 $986,669 $128,782 $92,555 9.38 %
2017 Total Group Accident & Health 0.01% $2,764,816 $2,780,561 $1,736,142 $1,718,876 61.82 %
2017 Group Medicare Supplement 0.15% $1,821,818 $1,839,764 $1,235,840 $1,211,405 65.85 %
2017 Group Dental 0.12% $942,998 $940,797 $500,302 $507,471 53.94 %
2017 Total Life 0.00% $55,949 $0 $50,151 $0 N/A
2017 Total Individual Life 0.00% $55,888 $0 $50,151 $0 N/A
2017 Individual Whole Life 0.00% $48,934 $0 $48,034 $0 N/A
2017 Individual Graded Death Benefits 0.03% $6,954 $0 $2,117 $0 N/A
2017 Total Group Life 0.00% $61 $0 $0 $0 N/A
2017 Group Term Life 0.00% $61 $0 $0 $0 N/A
2016 Total Accident & Health 0.01% $5,344,577 $5,359,149 $2,801,994 $2,854,740 53.27 %
2016 Total Individual Accident & Health 0.01% $2,056,981 $2,053,180 $777,517 $805,713 39.24 %
2016 Individual Medicare Supplement 0.02% $437,566 $449,901 $312,003 $297,329 66.09 %
2016 Individual Long Term Care 0.00% $5,212 $5,150 $0 $6,262 N/A
2016 Individual Specified Disease 0.01% $43,711 $42,654 $2,042 $10,705 25.10 %
2016 Individual Accident Only 0.00% $250 $249 $0 $0 0.00 %
2016 Individual Disability Income 0.00% $965 $1,108 $358 $0 0.00 %
2016 Individual Dental 0.52% $784,340 $780,011 $403,938 $393,459 50.44 %
2016 Individual Limited Benefit 0.79% $784,937 $774,107 $59,176 $97,958 12.65 %
2016 Total Group Accident & Health 0.01% $3,287,596 $3,305,969 $2,024,477 $2,049,027 61.98 %
2016 Group Medicare Supplement 0.20% $2,312,368 $2,334,190 $1,822,743 $1,621,520 69.47 %
2016 Group Dental 0.13% $975,228 $971,779 $201,734 $427,507 43.99 %
2016 Total Life 0.00% $64,409 $0 $105,282 $0 N/A
2016 Total Individual Life 0.00% $64,409 $0 $105,282 $0 N/A
2016 Individual Whole Life 0.01% $54,422 $0 $99,457 $0 N/A
2016 Individual Graded Death Benefits 0.05% $9,987 $0 $5,825 $0 N/A
2015 Total Accident & Health 0.01% $5,650,382 $5,380,850 $3,280,064 $3,317,601 61.66 %
2015 Total Individual Accident & Health 0.01% $2,192,298 $2,129,886 $1,017,908 $1,059,631 49.75 %
2015 Individual Medicare Supplement 0.03% $539,970 $545,687 $408,468 $399,149 73.15 %
2015 Individual Long Term Care 0.00% $5,879 $5,695 $0 $262 4.60 %
2015 Individual Specified Disease 0.01% $27,116 $26,170 $2,674 $3,888 14.86 %
2015 Individual Accident Only 0.00% $289 $331 $0 $-81 -24.47 %
2015 Individual Disability Income 0.00% $3,543 $3,350 $469 $3,015 90.00 %
2015 Individual Dental 0.72% $1,017,221 $973,510 $528,825 $521,480 53.57 %
2015 Individual Limited Benefit 0.59% $598,280 $575,143 $77,472 $131,918 22.94 %
2015 Total Group Accident & Health 0.01% $3,458,084 $3,250,964 $2,262,156 $2,257,970 69.46 %
2015 Group Medicare Supplement 0.25% $2,740,407 $2,599,746 $2,036,738 $2,020,906 77.73 %
2015 Group Dental 0.10% $717,677 $651,218 $225,418 $237,064 36.40 %
2015 Total Life 0.00% $79,672 $0 $86,722 $0 N/A
2015 Total Individual Life 0.00% $79,672 $0 $86,722 $0 N/A
2015 Individual Whole Life 0.01% $71,458 $0 $83,850 $0 N/A
2015 Individual Graded Death Benefits 0.05% $8,214 $0 $2,872 $0 N/A

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
2017 Health 0.06% 0 0
2017 Life and Annuities 0.00% 0 0
2017 Long-Term Care Insurance 0.00% 0 0
2017 Medicare Supplement Insurance 0.36% 0 0
2016 Long-Term Care Insurance 0.00% 0 0
2016 Medicare Supplement Insurance 0.45% 1 140
2016 Health 0.07% 3 89
2016 Life and Annuities 0.00% 0 0
2015 Health 0.08% 7 192
2015 Life and Annuities 0.00% 0 0
2015 Long-Term Care Insurance 0.00% 0 0
2015 Medicare Supplement Insurance 0.66% 4 339


Company Changes

Effective Date: 12/01/2005

Comments: Mutual Protective Insurance Company changed its name to Medico Insurance Company and added life, annuities, and endowments authority

Effective Date: 04/10/2015

Comments:

Effective Date: 01/01/2017

Comments: Effective 1/1/2017 this company redomesticated from Nebraska to Iowa.


Market Conduct

Date: 04/10/2015

MedicoInsuranceMC.pdf


Financial Exams

This company does not have any financial exams.