Company Details

  MEDICO INSURANCE COMPANY License Status :
Active

NAIC Number :

31119


Phone Number:

515-245-2329


Company Address:

PO BOX 10386 
DES MOINES, IA  50306-0386

Description:

Life and Health


License Number:

A420633


Date Admitted:

2004-08-11


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2019 Total Accident & Health 0.01% $3,910,326 $3,926,156 $2,004,597 $1,975,601 50.32 %
2019 Total Individual Accident & Health 0.01% $1,888,780 $1,896,169 $821,226 $814,463 42.95 %
2019 Individual Medicare Supplement 0.01% $316,789 $326,641 $261,116 $256,404 78.50 %
2019 Individual Long Term Care 0.00% $367 $371 $22,700 $22,774 N/A
2019 Individual Specified Disease 0.02% $87,266 $86,640 $0 $-2,363 -2.73 %
2019 Individual Accident Only 0.01% $26,887 $27,430 $1,260 $2,413 8.80 %
2019 Individual Disability Income 0.00% $766 $758 $4,050 $16,599 N/A
2019 Individual Dental 0.30% $528,109 $525,903 $248,300 $248,747 47.30 %
2019 Individual Limited Benefit 0.55% $928,596 $928,426 $283,800 $269,889 29.07 %
2019 Total Group Accident & Health 0.00% $2,021,546 $2,029,987 $1,183,371 $1,161,138 57.20 %
2019 Group Medicare Supplement 0.10% $1,153,243 $1,161,283 $739,630 $710,119 61.15 %
2019 Group Dental 0.08% $868,303 $868,704 $443,741 $451,019 51.92 %
2019 Total Life 0.00% $51,738 $0 $126,418 $0 N/A
2019 Total Individual Life 0.00% $51,738 $0 $126,418 $0 N/A
2019 Individual Whole Life 0.00% $46,626 $0 $120,327 $0 N/A
2019 Individual Graded Death Benefits 0.02% $5,112 $0 $6,091 $0 N/A
2018 Total Accident & Health 0.01% $4,509,487 $4,541,243 $2,653,516 $2,644,005 58.22 %
2018 Total Individual Accident & Health 0.01% $2,201,596 $2,215,826 $1,203,639 $1,212,493 54.72 %
2018 Individual Medicare Supplement 0.02% $371,793 $376,505 $328,420 $331,368 88.01 %
2018 Individual Long Term Care 0.00% $3,760 $3,776 $52,546 $52,349 N/A
2018 Individual Specified Disease 0.02% $88,274 $88,381 $10,259 $14,893 16.85 %
2018 Individual Accident Only 0.01% $37,035 $36,605 $9,480 $12,445 34.00 %
2018 Individual Disability Income 0.00% $-3,593 $-3,427 $4,446 $3,780 -110.30 %
2018 Individual Dental 0.39% $642,829 $648,097 $274,492 $256,363 39.56 %
2018 Individual Limited Benefit 0.78% $1,061,498 $1,065,889 $523,996 $541,295 50.78 %
2018 Total Group Accident & Health 0.01% $2,307,891 $2,325,417 $1,449,877 $1,431,512 61.56 %
2018 Group Medicare Supplement 0.11% $1,372,015 $1,402,163 $986,081 $976,447 69.64 %
2018 Group Dental 0.11% $935,876 $923,254 $463,796 $455,065 49.29 %
2018 Total Life 0.00% $77,448 $0 $108,893 $0 N/A
2018 Total Individual Life 0.00% $77,448 $0 $108,893 $0 N/A
2018 Individual Whole Life 0.01% $72,336 $0 $106,008 $0 N/A
2018 Individual Graded Death Benefits 0.02% $5,112 $0 $2,885 $0 N/A
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 0.44% $719,854 $722,616 $306,922 $319,458 44.21 %
2017 Individual Limited Benefit 0.87% $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

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
2019 Health 0.04% 0 0
2019 Life and Annuities 0.00% 0 0
2019 Long-Term Care Insurance 0.00% 0 0
2019 Medicare Supplement Insurance 0.22% 0 0
2018 Medicare Supplement Insurance 0.28% 0 0
2018 Health 0.05% 0 0
2018 Life and Annuities 0.00% 0 0
2018 Long-Term Care Insurance 0.00% 0 0
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


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: 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.