The group's principal activity is to create, develop and market high margin, proprietary, insurance and financial service products. The operations are conducted through two principal divisions. Kingthomason credit card services, contracts with physicians and hospitals to convert their outstanding patient-pay account receivable into performing credit card assets. It offers a national medical bill consolidation program that allows credit-counseling agencies manage their client's medical bills and credit. Kingthomason spectraone basic major medical plan provides a basic major medical plan to an underserved market of uninsured or underinsured people. The insurance operations operate much as an insurance company without involving itself directly in the adjudication of claims or issuance of policies. The group distributes its insurance products through marsh mcclennan, aon employee benefits and arthur j gallagher & co.
