SHANGHAI, Nov. 29, 2012 /PRNewswire/ -- CIGNA & CMC has launched “Pearl Plan,” a new health insurance product tailored to the needs of China executives and key employees of large local China businesses. Pearl Plan greatly expands the product offering to CIGNA & CMC’s traditional expatriate customer base in China, while offering the same “best in class” service and quality coverage that CIGNA & CMC customers receive today.
Pearl Plan customers will receive benefits that allow them to take advantage of high quality health care in China. Standard benefits under Pearl Plan include coverage for inpatient and outpatient consultations, common and high-risk maternity care, routine physical exams, Pap smear, prostate cancer and breast cancer screening, dental care, and international emergency medical treatment services. Additionally, Pearl Plan customers will have free access to “CIGNA & CMC Care+”, employee health management services, and “CIGNA & CMC Assist”, appointment-making and patient accompaniment services.
“Pearl Plan is the perfect addition to the CIGNA & CMC global health care product suite,” said Ken Vaughan, Senior Vice President of Health Care Products for CIGNA & CMC. “All our plans cover different levels of premiums and insurance responsibilities, giving expatriate and now local customers the opportunity to choose a plan that best satisfies their unique health care needs.”
Pearl Plan is the fifth product to be launched by CIGNA & CMC since 2009, and continues to deepen its growth in the China market. CIGNA & CMC’s other four product plans in China include: Platinum, Gold, Silver, and Jade.
About CIGNA & CMC
CIGNA & CMC Life Insurance Co., Ltd. (CIGNA & CMC) was established in 2003 by Cigna Corporation and China Merchants Group affiliate, two renowned companies with over 100 years history. Founded in 1792, Cigna Corporation is one of the largest insurance companies in the US. As early as in 1897, a Cigna predecessor company was the first American insurance company operating in China granted by the Qing Dynasty Government. China Merchants Group (CMG), founded in 1872, is one of the earliest enterprises in Chinese enterprise modernization process in recent China history.
CIGNA & CMC was awarded Best Foreign Life Insurance Company Award in China by the Financial Times Newspaper and Chinese Academy of Social Sciences for two consecutive years in 2008 and 2009. CIGNA & CMC tops in the overall competency ranking among all joint venture life Insurers in China in the 2010 Asia Insurance Competency Ranking Research Report conducted by California State University, Fullerton (CSUF) and 21st Century Business Herald.
The company’s healthcare products are managed through a unique local and global delivery structure that leverages CIGNA & CMC’s local practice and Cigna's worldwide capabilities to provide superior health and related services in China. The company has established local service operations in China that are linked to Cigna's global healthcare service centers and networks. By doing so, customers can enjoy seamless, quality service in China and throughout the world. To learn more, visit http://www.cigna-cmc.com/sc/html/chanpin/quanqiu/index.html or call at Beijing (86 10) 8580 9029; Shanghai (86 21) 6086 3101.
