MUTUAL OF OMAHA HEALTH INSURANCE COMMITMENT TO ETHICAL STANDARDS

2007-03-08 10:33:40

( Insurance )



Mutual of Omaha Health Insurance has been providing individual and group health insurance for almost hundred years. It has earned good ratings from the three leading financial rating organizations operating in the United States signifying its financial stability as well as quality of service towards its market.

Individuals, families, small and larger businesses are the target market of Mutual of Omaha Health Insurance for life and health insurance, financial services and investment options. It also offers disability and life insurance, retirement plans and worksite marketing options for its group insurance benefits.

Commitment to Ethical Standard

Mutual of Omaha Health Insurance always strives to commit with ethical standards in dealing with the health insurance market. It strives to continuously comply with industry regulations for the safety and protection of its clients as well as its organization. Systematic procedures had been set up by the company to ensure compliance to ethical standards and regulations. These standards have been regularly evaluated to ensure honest and reliable delivery of insurance services to its clients.

The company has affiliated itself to a national association that promotes high ethical standards in dealing with insurance clients. It further promotes the proper and acceptable manner of selling individual and group health insurance as well as other financial products that promote to ensure the health benefits of its clients.

A principle and code of ethical market conduct is being followed by Mutual of Omaha Health Insurance to achieve proper ethics in business transactions of health insurance products with individuals and organizations. The implementation of the code of ethical market conduct is regularly evaluated by a third party organization to ensure independence and reliability of assessment.

The following are the basic ethical market standard set by a mutual insurance organization like Mutual of Omaha Health Insurance.

1.High standard of honesty and fairness in the conduct of business with clients, competitors and the insurance industry.
2.Competent sales and service to customers.
3.Clear advertising and sales materials in terms of purpose and content.
4.Expedite handling of customer complaints.
5.Develop supervision system to ensure compliance with regulatory and ethical standards.

Highest standard of ethics is important in any organization to give consumers the security that their transactions with health companies are handled with the utmost care as well as to ensure they are provided highest customer service.


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