What is "healthmarkets"

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. The company offers individual policies as well as life insurance, supplemental insurance, Medicare, and long-term plans from national and regional carriers.