USHEALTH Brings a Revolution in Health Insurance Industry


USHEALTH Group, Inc. is a health insurance company based in Fort Worth, Texas and was founded in 1982. It seeks to be America’s Trusted Choice for healthcare. The goal will be achieved through its affiliates; National Foundation Life Insurance and Freedom Life Insurance Company of America. USHEALTH Group and its subsidiaries are devoted to providing Accident and Disability Insurance solutions, Specified Disease and innovative life. The company has served over 15 million clients with its scalable plans through its family of companies for over five decades.

 

Having the Client’s Needs at Heart

At USHEALTH Group they clearly understand that the customer’s needs vary from one to another. They also believe in choice and that customers value the range of options they provide as the company chooses the most appropriate protection cover. Due to this, they have developed a comprehensive portfolio of coverage that enhances the customers’ choice. The company’s innovative products uniquely qualify it to cater for the customer’s need for affordability, reliability, and flexibility.

 

USHEALTH Products

USHEALTH Group and its family of companies provide a portfolio of innovative products. The products are available to customers who are either concerned about having to gratify a raised annual deductible before receiving any benefits from their insurance plan or a limited budget. The portfolio makes plans more affordable since they still offer assurances and the first dollar protection that a comprehensive plan offers and more information click here.

The company offers a unique choice of Accidental and Specified Diseases Plans that provide solutions that are reliable, affordable and flexible. This is available to clients who need the security of a more specific coverage approach and can manage the level of cost sharing. USHEALTH makes sure that no matter what type of health coverage the customers choose, they will be able to enhance the clientele’s protection. The protection is propelled by the products they offer to them which include; Income Protector, Short-Term Accident Disability Income, Term Life Insurance, Specified Disease, Criticall Illness, Vision and Dental Plans.

 

Core Mission

USHEALTH Group, Inc. is embarked on a task to protect customers from economic hardships due to unexpected injury or illness. It keeps its promise of financial safeguarding by offering affordable plans.

Capital Group Chief’s View On Recent Market Behaviors


Post-Trump Markets

According to Tim, a period of faster economic growth, increasing interest rates, and inflation is impending. President Trump’s election has caused significant changes in asset prices. Equities are yet to set new highs, and the bond markets have not stabilized.

Tim says in his career, interest rates have been decreasing most of the times and not the opposite. He says that these market changes are massive and real. The market is expected to experience more turbulent changes due to uncertainty on the various government policies.

Tim says that globalization is facing challenges and no one knows what will be the effect. Markets are facing significant changes as a result of increased populism.

Growth-sensitive industries in the stock market are roaring higher, while defensive sectors are languishing. Since elections, the real estate shares have recorded a 2.3 per cent gain while financial companies and gas drillers have recorded a 16 per cent and 38 per cent increase respectively. This major shift is taking place in the stock market in the post-Trump era.

Read more: Capital Group Names Armour Chairman to Succeed James Rothenberg

Tim Armour’s Perspective on Market Selloff in September 2015

In 2015, global stocks tumbled due to China’s slow economic growth. A reduction in Chinese stocks was coupled with currency depreciation sent fears to investors in other economies. This forced the Chinese government to lower the interest rates and ease banks’ reserve requirements.

Tim said that it was better for the Federal Reserve to increase interest rates. He also noted that China was the primary catalyst in that market tradeoff. Previous high economic growth rates in China had enabled her to contribute to global growth.

Therefore, a decline in China’s economic growth meant a reduction in the world economic growth hence affecting investments worldwide. Slow growth or no growth in China would have adverse effects on other markets.

Timothy Armour’s Education and Work Background

Timothy D. Armour, alias Tim attended Middlebury College for his Bachelor’s Degree in Economics. In 1983, he began his profession as a member of The Associates Program at The Capital Group Companies, Inc. He then became the company’s Equity Investment Analyst. Currently, he works at The Capital Research as the Chairman, Director, and Principal Executive Officer. He is also the Equity Portfolio Manager and Chairman of the Capital Group Companies, Inc.

New Chairman Appointed at the Capital Group


Timothy Armour was selected by Capital Group to serve them as the chairman of the company on July 2015. He was among the leading candidates having a vast experience in investment for about 33 years. Capital Group commonly termed as the home of American funds is one the top best companies when it comes to fund management. Timothy got a paramount role in fighting against the rising index tracker funds among active fund managers.

Capital Group manages about $1.4 trillion in the form of assets and is determined to rebuild its market share which has fallen a little bit behind the upcoming passive fund managers. It is a tough challenge for Capital Group after the loss of Jim Rothenberg who died serving as the chairman.

Tim Armour being the chosen chairman, says that Jim was a great leader who made very purposeful decisions for the betterment of their clients, associates as well as investors. He added that even as they mourn his death, they should know that the strength of the company lies in the collective talents of all the stakeholders. And thus should work together to deliver their mission and continue their 84 years legacy of success and fulfillment of clients expectations.

Another management rearrangement included additions of responsibilities to the grandson of the company’s founder, Rob Lovelace. Recently Armour had the chance to make some decisions for the company such as lifting some of its secrecy operations and also dealing with the media. He has also previously served Mr Rothenberg as his deputy, and with other executives, they would support in-house research aimed at driving long-term benefits to specific types of active fund management. The company has considerably improved on its sales operations and is still relishing the resulting fruits of the improved long-term performance of some key funds such as the suite of the American Mutual Funds.

Related: Capital Group Board Elects Tim Armour as Chairman

Capital Group managed to receive new monies which are more compared to what other groups got within the first half of the year. This is according to information released by Lipper data where Vanguard led with an inflow of $127 billion and Capital Group drew with $17 billion.

Timothy Armour says that everyone should not always work towards some set or targeted returns when better opportunities are lying in the market. He believes that active managers can do better in the long run if they stop churning their portfolios and keep the charging fee as low as possible. Through advertising and carrying out research on active management as suggested by Timothy Armour, Capital Group has managed to turn their flows again.

Click here to learn more about Timothy Armour.