With beginnings dating back to 1938, American Community Mutual Insurance Company is one of the oldest health insurance companies in the United States. For over six decades, Americans have relied on American Community to make quality healthcare affordable.
- Through a network of 5,000 independent agents, American Community actively markets and underwrites individual, small group and large group health insurance in eight states—Arizona, Illinois, Indiana, Iowa, Michigan, Missouri, Nebraska, and Ohio. The company is licensed to sell in a total of 34 states.
- American Community is rated B+ (Very Good) by A.M. Best.
- American Community’s Home Office and National Sales Office are located in Livonia, Michigan. The company is recognized by the Michigan Business and Professional Association as one of Metropolitan Detroit’s 101 Best & Brightest Companies to Work For, based on excellent human resource practices and setting a standard of excellence among employers.
- As a mutual company, American Community is owned by its policyholders.
- American Community insures approximately 150,000 individuals.
- The company provides health insurance coverage to approximately 5,000 small employer groups, 200 large employer groups and 43,000 individual policyholders.
- In 2006, the company introduced its suite of consumer-driven health insurance plans. These innovative products provide leading-edge individual and group health insurance coverage (including HSA plans) with substantial discounts for policyholders who want to play a more active role in their healthcare choices.
- American Community is financially strong, with the following results as of December 31, 2005:
- $121.4 million in policyholder surplus
- $183.0 million total assets
- $321.5 million in premiums
- $5.4 million in net income
- American Community processes approximately 5,000 claims daily; 90 percent of claims are received electronically and processed within ten business days of receipt. The claims call center handles approximately 24,000 calls per month.
- The company’s group and individual call centers handle over 13,000 calls per month.
- American Community processes more than 1,400 individual applications per month.