News Release
Companion Life Introduces Amigo Medical
December 20, 2007 - Amigo Short Term Medical Insurance, a new low cost major medical insurance is available in most states in English and Spanish. “Finding a quality health insurance plan is sometimes a difficult thing. "We called the product Amigo because we felt consumers needed a friend in a health care plan. Amigo is for all Americans and will be available in 46 states by the end of the year," said Rob Williams, AVP of Marketing for MultiNational Underwriters. “As a company, we saw a growing need for this product. Some studies indicate over 46 million Americans under the age of 65 lacked health insurance coverage in 2005. That is an increase of almost 7 million Americans since 2000. I think we all have to make a contribution to help these individuals find a solution to the healthcare crisis in America.” The Amigo Short Term Medical Plan allows consumers to select plan options based on what they can afford to pay on a monthly basis or all at once. They can select a lower premium by opting for a higher deductible, or a more moderate premium with less risk by selecting a lower deductible. Either way, the choice rests on the consumer. The Amigo Short Term Medical Plan is underwritten by Companion Life and administered by MultiNational Underwriters, both of which have marketed health care plans for many years.