Milwaukee, June 28, 2012—Assurant Health, a unit of Assurant, Inc. (NYSE: AIZ), and leading provider of specialty insurance services, has released this statement related to the U.S. Supreme Court ruling.
Now, more than ever, consumers need affordable access to health care. Unfortunately, rising medical costs remain the biggest barrier to health care access and are unaddressed by health care reform. Assurant Health is committed to helping consumers access the health care they need, and will comply with the remaining provisions required under the Patient Protection and Affordable Care Act.
Assurant Health will continue to offer a broad product portfolio of quality, affordable health care coverage options. These offerings include value-added services that help consumers better manage their health care dollars and get the most out of their coverage. Our 120-year history of evolving to meet consumer needs, and our expertise in the individual and small group markets, allow us to adapt and provide innovative and affordable solutions for U.S. consumers.
About Assurant Health
Assurant Health is the brand name for a family of health insurance products focused on providing a variety of affordable plan choices to consumers. The portfolio of health care products includes major medical, supplemental and fixed-benefit plans for individuals, families and small employers. Assurant Health is committed to providing access to convenient health care delivery, easy-to-understand products and value-added services that help customers better manage their health care dollars and get the most out of their coverage. Assurant Health's products are underwritten and issued by John Alden Life Insurance Company, Union Security Insurance Company and Time Insurance Company, which has been in business since 1892. Headquartered in Milwaukee, Assurant Health employs approximately 2,000 employees. www.assuranthealth.com
Additional Company Information
Assurant Health is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $27 billion in assets and $8 billion in annual revenue. www.assurant.com
SAFE HARBOR STATEMENT
"Some of the statements included herein, particularly our comments on the recent settlement described above, are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's best estimates, assumptions and projections and are subject to significant uncertainties. Actual results may differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this statement as a result of new information or future events or developments. For a detailed discussion of the general risk factors that could affect the Company's results, please refer to the risk factors identified in the Company's annual and periodic reports, including but not limited to its 2011 Annual Report on Form 10-K and its First Quarter 2012 Quarterly Report on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission."
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