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Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions) is a not-for-profit service insurance corporation based in Madison, Wisconsin.WPS offers health insurance plans for groups and individuals and benefit plan administration for businesses.
It consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company. Today [when?] the company offers a variety of insurance products, Medicare, Medigap, Medicare Supplement, Dental InsuranceTerm Life Insurance, Whole Life Insurance, and cancer and funeral pre-planning services. In 2022, it began to offer Pet Insurance.
Mutual insurance. A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums.
The Bankers Life and Casualty Company, doing business as Bankers Life, is a private American health insurance company headquartered in Chicago, Illinois. Founded in 1932 as a mutual life insurance company, the company has been a subsidiary of CNO Financial Group since 1992. Bankers Life has 1.4 million policyholders across the United States and ...
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In 1973, its name was changed from Mississippi Hospital and Medical Service to Blue Cross & Blue Shield of Mississippi, Inc., which, in 1996, was converted from a non-profit membership corporation to a mutual insurance company, with the name again changed, to Blue Cross & Blue Shield of Mississippi, A Mutual Insurance Company.
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