headquarters north richland hills texas united states area served usa key people kenneth j. fasola ceo owner blackstone group goldman sachs capital partners and dlj merchant banking partners website www.healthmarketsinc.com healthmarkets inc. is a holding company formerly known as uici with its headquarters in north richland hills texas . healthmarkets inc. is owned by affiliates of a group of private equity investors current and former members of management and its independent sales agents through the company s stock plan . healthmarkets owns the chesapeake life insurance company mid west national life insurance company of tennessee the mega life and health insurance company and healthmarkets insurance company . in 2013 healthmarkets insurance agency became the new consumer brand for the company s insurance agency insphere insurance solutions inc. which is licensed as an insurance agency in all 50 states . 1 2 the company offers individual policies as well as life insurance supplemental insurance medicare and long term plans from national and regional carriers . 3 history edit healthmarkets was founded in 1983 by ronald jensen under united insurance companies inc. uici 4 through its focus on the then untapped market of self employed workers the company was able to grow earnings by more than double between 1984 and 1985 . in 1986 uici made its first public stock offering . in october 2004 the mega life & health insurance co a subsidiary of uici acquired healthmarket inc which was a small business insurer . then in 2005 a group of private equity investors headed by the blackstone group acquired healthmarkets inc moving the company from public to private owned . 5 the mega life & health insurance co. brand was officially renamed to healthmarkets inc to convey its new consumer focus . kenneth j. fasola became president and ceo of healthmarkets inc. in april 2011 after being appointed as coo in september 2010 . 6 between 2008 and 2010 several lawsuits were filed against healthmarkets inc. resulting in the company paying millions of dollars in settlements . 7 8 9 10 11 12 13 14 as of 2010 healthmarkets no longer offers scheduled benefit plans and has discontinued marketing individually underwritten plans . references edit company overview of healthmarkets inc. . bloomberg businessweek . retrieved 23 august 2014 . healthmarkets inc . bloomberg . retrieved 23 august 2014 . healthmarkets inc. company profile . retrieved june 28 2015 . history of uici . international directory of company histories . 33 . st. james press . 2000 . para . 2 . retrieved june 30 2015 . consortium led by blackstone group to acquire uici press release . september 15 2005 . retrieved june 28 2015 . ledbetter donna september 27 2010 . healthmarkets inc. announces ceo succession press release . pr newswire . retrieved july 1 2015 . helfan duke october 21 2010 . health insurer healthmarkets sued by l.a. city attorney over junk insurance . the los angeles times . archived from the original on august 23 2014 . retrieved august 23 2014 . fitzgerald jay september 1 2009 . insurer to pay 17m to state . the boston herald . retrieved august 23 2014 via highbeam research . subscription required help . krasner jeffrey august 24 2007 . state suit alleges health insurers denied benefits . the boston globe . retrieved august 23 2014 via highbeam research . subscription required help . cooney elizabeth september 1 2009 . insurer settles for 17m ; state says firm denied claims misled customers . the boston globe . retrieved august 23 2014 via highbeam research . subscription required help . pugh tony december 23 2013 . junk insurance can fail to offer financial cure . telegraph herald . retrieved august 23 2014 via highbeam research . subscription required help . daily roundup . the columbian . july 22 2008 . retrieved august 23 2014 via highbeam research . subscription required help . bell tom april 4 2008 . insurer fined 1 million by state bureau ; mega expects to begin mailing customer refunds within the next 60 days . portland press herald . retrieved august 23 2014 via highbeam research . subscription required help . butterworth jill september 1 2009 . attorney general coakley reaches 17 million settlement with health insurers regarding unfair deceptive conduct . us fed news service . retrieved august 23 2014 via highbeam research . subscription required help . external links edit the chesapeake life insurance company insphere insurance solutions inc. d b a healthmarkets insurance agency mid west national life insurance company of tennessee the mega life and health insurance company healthmarkets insurance company v t e the blackstone group founders peter george peterson stephen a. schwarzman business services cms computers rgis sungard minority shareholder consumer retail michaels joint control performance food group pinnacle foods united biscuits financial services bankunited minority stake healthmarkets minority stake fgic minority stake healthcare biomet emcure pharmaceuticals investment vanguard health systems industrial freescale joint control kl ckner pentaplast trw automotive control media telecommunications eaccess investment nielsen holdings minority stake axtel minority stake deutsche telekom minority stake tdc minority stake the weather channel minority stake travel & leisure hilton worldwide center parcs europe freehold caesars entertainment corporation minority stake merlin entertainments minority stake seaworld entertainment tragus group travelport real estate extended stay america minority stake equity office luxury resorts lxr la quinta inns & suites retrieved from https en.wikipedia.org w index.php title healthmarkets & oldid 734475509 categories companies established in 1984insurance companies of the united statesprivate equity portfolio companiesblackstone group companiescompanies based in texasnorth richland hills texashealth insurance companieshidden categories pages containing links to subscription only content navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 august 2016 at 16 23 . text is available under the creative commons attribution sharealike license ; 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