Additional benefits brought to agents and small business employers
MILWAUKEE, May 22 /PRNewswire/ -- Fortis Health, already a national leader
in Medical Savings Accounts, Individual Medical and Small Group health
insurance, has selected Employee Benefits Corporation (EBC) as its vendor to
administer its newly-rolled out Health Reimbursement Arrangements (HRAs).
"Fortis Health provides exceptional service and value and we demand the
same from our business associates," said Tim Bireley, Vice President, Small
Group Product Management for Fortis Insurance Company, a division of Fortis
Health. "EBC is dedicated to customer service. For fifteen years, they've
shown the highest commitment to customer satisfaction -- that's why we've
chosen them."
Employers get peace of mind from having an administrator who provides top-
notch customer service. There are no HRA set-up or separate monthly service
fees when an employer selects one of the specially designed Fortis Health HRA
plans and combines it with an EBC-administered HRA.
An HRA, a program authorized by Section 105 of the Internal Revenue Code,
enables employers to partially self-fund a portion of their employees' medical
expenses. The premium savings associated with HRAs and high deductible
insurance plans are a hot topic with small business owners.
EBC's commitment to customer service is evident throughout their customer
contacts. Their compliance staff stays abreast of all legal and regulatory
changes so HRA plans are always in compliance with Section 105 regulations.
Reimbursements to employees are made promptly either through the mail or
direct deposit. Employees also have access to their account information via a
tailored website or through a dedicated toll-free phone number.
"We're proud Fortis Health has chosen us as its business associate," said
Sue Supple, Vice President of Communications at EBC. "Fortis Health is an
exceptionally strong company and industry leader dedicated to providing
business solutions to the small group health insurance market." Supple
emphasized, "HRA administration services that Fortis Health agents and their
customers typically would pay for, such as a set-up fee or monthly charge, are
now being provided at no additional cost."
For additional information on HRA plans or EBC, visit http://www.fichra.com .
About Fortis Health:
Fortis Health ( http://www.fortishealth.com ) is the oldest national health
insurance company and a leading developer and provider of Individual Medical,
Small Group, Short Term and Student Health Insurance products, issued and
underwritten by Fortis Insurance Company, John Alden Life Insurance Company
and Fortis Benefits Insurance Company. In business since 1892, the company
provides health insurance coverage for over one million people nationwide.
With almost 3,000 employees, Fortis Health is headquartered in Milwaukee,
Wis., and has operations offices in Minnesota, Idaho, and Florida, as well as
107 sales offices around the country.
Fortis Health is a business unit of Fortis, Inc., a financial services
company that, through its operating companies and affiliates, has built
leadership positions in a number of specialty insurance market segments.
Fortis Inc. is a part of Fortis, a financial services provider active in the
fields of insurance, banking and investment. As of year-end, 2002, Fortis had
total assets of approximately $500 billion. Fortis ranks 31st based on assets
and 85th based on revenues on the Fortune 'Global 500' (July 22, 2002) and
38th on the Forbes Global 'Super 50' list (July 3, 2002).
About Employee Benefits Corporation:
Headquartered in Madison, Wisconsin, EBC has a distinguished record of
innovation and efficiency in managing employee benefit programs for successful
businesses. Founded as the Insurance Cooperative Agency 65 years ago, the
company started Employee Benefits Cooperative as a division in 1989. In 2002,
Employee Benefits Corporation was formed from the member-owned cooperative as
an employee-owned corporation, managing comprehensive employee benefit
programs for over 2,400 businesses nationwide.
Throughout its history, EBC has been an industry leader in providing
flexible and streamlined benefit programs. It runs one of the few in-house
compliance departments in the country, and is known for developing creative
software programs that allow member companies to customize their benefit
administration services.
EBC personnel hold a variety of advanced and professional certifications,
including the prestigious Certification in Flexible Compensation designation.
EBC is a member of the National Association of Health Underwriters, the
national Employers Council on Flexible Compensation, the World Wide Employee
Benefits Network, and the Society for Human Resource Management.
SOURCE Fortis Health
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Related links:
http://www.fichra.com
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson of Seroka Public
Relations, +1-262-523-3740, michelle@seroka.com , for Fortis
Health; or Sue Supple of Employee Benefits Corporation,
+1-608-831-8445, ext. 126, sues@ebcflex.com
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