This is a challenging time for Medicare consumers so it's vital that we offer them options to original Medicare and Medicare+Choice HMO programs , said Kathy Feeny
, senior vice president of PacifiCare's Medicare Supplement Insurance program.With our many years of experience successfully serving seniors and the disabled through Secure Horizons , we feel this is a natural next step in connecting with seniors nationwide.The Secure Horizons Medicare Supplement plans represent an exciting new range of health insurance choices offering comfort , control and convenience to people with Medicare , Feeny
added.With these plans , seniors have the freedom to choose their own doctor , the security and peace of mind knowing that many of their Medicare copayments and deductibles are covered , and the flexibility of choosing a plan-based on their individual needs and budgets.We're very pleased to provide these types of options , in keeping with our larger goal of 'making people's lives better' by offering expanded choices in health care.The Secure Horizons Medicare Supplement plan is one of two new insurance products PacifiCare is offering for 2002 as part of its business diversification and expansion strategy.The other product is a preferred provider organization health plan that the company is planning to offer in a few months.Dedicated to making people's lives better , PacifiCare Health Systems
is one of the nation's largest health and consumer services companies.Primary operations include health insurance products for employer groups and Medicare beneficiaries in eight states and Guam.
Risk Factors Regarding Forward-Looking Statements Information included in this news release , including statements made by Kathy Feeny
, that are not historical facts are forward-looking statements within the meaning of the Federal securities laws , and may involve a number of risks and uncertainties.Such forward-looking statements include , but are not limited to , those relating to PacifiCare's plans to offer Medicare Supplement and PPO products.Important factors that could cause results to differ materially from those expected by management include , but are not limited to , failure to implement or offer some or all of the programs or products as intended , loss of membership or failure to achieve expected membership growth , and failure to achieve expected operating results.