We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
MetLife (MET) Expands Coverage to Include Diabetic Patients
Read MoreHide Full Article
MetLife Hong Kong, a wholly owned subsidiary of MetLife, Inc. (MET - Free Report) , has expanded the coverage of MetLife Health-is-Wealth Medical Plan in its efforts to provide protection to diabetics. The insurer has offered its insurtech solutions to customers for proactive health management. The policy provides various benefits, from pre-hospitalization to post-hospitalization, to cater people up to the age of 100.
Finding insurance coverage for diabetic patients in Hong Kong has always proved to be a daunting task. This initiative by MetLife Hong Kong will make medical protection easily accessible for diabetic patients. According to the Chief Executive Officer of MetLife Hong Kong, this initiative exhibits the company’s commitment and loyalty toward its customers by paying heed to their needs and thereby responding to them accordingly. In order to make this global protection accessible to all, the company has come up with an application, Health2Sync, to assist them in their health needs.
Benefits of Health2Sync
MetLife Hong Kong applies advanced risk metrics to ascertain suitable premium rates. The plan further allows adjustment in premium rates after two years for those who have successfully maintained or reduced their HbA1c level.
MetLife Hong Kong’s partnership with Health2Syncfacilitates self-disciplined health management through its app and data analytics engine.
Diabetic mellitus retinopathy is one of the common causes of vision loss among diabetic patients. This plan provides vision care benefit as a complementary service to its customers. Also, customers will be provided full coverage for a comprehensive eye examination in the first policy year at a designated professional eye care center.
Based on life insurance in-force, MetLife is the largest life insurer in the United States. The company serves customers through direct insurance operations in Japan, Latin America, Asia Pacific, Europe and the Middle East. The company had witnessed a decline in revenues for the last two years that continued through the first half of this year. This initiative will likely help MetLife in generating more revenues.
Zacks Rank and Share Price Movement
MetLife carries a Zacks Rank #5 (Strong Sell). Shares of MetLife have underperformed the industry in a year’s time. While MetLife shares have gained 13.3%, the industry has registered an increase of 25.2%. Strategic acquisitions and disciplined capital management are expected to drive the stock higher in the future.
Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. The company delivered positive earnings surprises in two out of the last four quarters, with an average beat of 21.06%
Kemper Corporation provides property & casualty, and life & health insurance services in the United States. The company delivered positive earnings surprises in the last four quarters, with an average beat of 57.53%
Mercury General Corporation engages in writing personal automobile insurance in the United States. The company delivered positive earnings surprises in three of the last four quarters, with an average beat of 1.06%.
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.
Image: Bigstock
MetLife (MET) Expands Coverage to Include Diabetic Patients
MetLife Hong Kong, a wholly owned subsidiary of MetLife, Inc. (MET - Free Report) , has expanded the coverage of MetLife Health-is-Wealth Medical Plan in its efforts to provide protection to diabetics. The insurer has offered its insurtech solutions to customers for proactive health management. The policy provides various benefits, from pre-hospitalization to post-hospitalization, to cater people up to the age of 100.
Finding insurance coverage for diabetic patients in Hong Kong has always proved to be a daunting task. This initiative by MetLife Hong Kong will make medical protection easily accessible for diabetic patients. According to the Chief Executive Officer of MetLife Hong Kong, this initiative exhibits the company’s commitment and loyalty toward its customers by paying heed to their needs and thereby responding to them accordingly. In order to make this global protection accessible to all, the company has come up with an application, Health2Sync, to assist them in their health needs.
Benefits of Health2Sync
MetLife Hong Kong applies advanced risk metrics to ascertain suitable premium rates. The plan further allows adjustment in premium rates after two years for those who have successfully maintained or reduced their HbA1c level.
MetLife Hong Kong’s partnership with Health2Syncfacilitates self-disciplined health management through its app and data analytics engine.
Diabetic mellitus retinopathy is one of the common causes of vision loss among diabetic patients. This plan provides vision care benefit as a complementary service to its customers. Also, customers will be provided full coverage for a comprehensive eye examination in the first policy year at a designated professional eye care center.
Based on life insurance in-force, MetLife is the largest life insurer in the United States. The company serves customers through direct insurance operations in Japan, Latin America, Asia Pacific, Europe and the Middle East. The company had witnessed a decline in revenues for the last two years that continued through the first half of this year. This initiative will likely help MetLife in generating more revenues.
Zacks Rank and Share Price Movement
MetLife carries a Zacks Rank #5 (Strong Sell). Shares of MetLife have underperformed the industry in a year’s time. While MetLife shares have gained 13.3%, the industry has registered an increase of 25.2%. Strategic acquisitions and disciplined capital management are expected to drive the stock higher in the future.
Stocks to Consider
Some better-ranked stocks from the insurance industry are Markel Corporation (MKL - Free Report) , Kemper Corporation (KMPR - Free Report) and Mercury General Corporation (MCY - Free Report) . Each of these stocks sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. The company delivered positive earnings surprises in two out of the last four quarters, with an average beat of 21.06%
Kemper Corporation provides property & casualty, and life & health insurance services in the United States. The company delivered positive earnings surprises in the last four quarters, with an average beat of 57.53%
Mercury General Corporation engages in writing personal automobile insurance in the United States. The company delivered positive earnings surprises in three of the last four quarters, with an average beat of 1.06%.
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.
See these buy recommendations now >>