UnitedHealthcare has announced that they have completed their acquisition of XLHealth, which is the parent company of Care Improvement Plus, in a statement today. The original acquisition agreement was completed in November of 2011. This deal seems to signal that UnitedHealthcare will look to increase its presence in the Chronic Illness SNP market, a segment that they have deemphasized over the past few years. It will also potentially strengthen their Dual Eligible SNP delivery system, one of the strengths that Care Improvement Plus has displayed over last 3 years.
The full details on this can be read on the Market Watch website.
There has still been no firm plan given to distribution about the integration of the XLHealth broker distribution with UnitedHealthcare’s existing field force. If this acquisition is handled as recent others have been — Unison, Americhoice, Physician’s Health Choice — agents will need to be contracted with UnitedHealthcare in order to sell.
As a Field Marketing Office (FMO) for both UnitedHealthcare & Care Improvement Plus, Neishloss & Fleming is positioned to assist our agent regardless of which integration plan is selected. Agents can view contracting or product information for both carriers on their corresponding product pages.
